Phone888.995.7575

974 South Catalina Street, Los Angeles, CA 90006

$2,395,000 Approx. USD 3 beds, 16 baths
7,120 sqft

Agent Remarks

Villa Girasol is located in LA's flourishing Koreatown market This charming Spanish Colonial style property was built in the 1920s, and features a restored lobby and common area that reinforce that old-world flavor. With 13 studio apartments and 3 one-bedroom/one-bath units, the purchaser of this property will be able to respond to the huge demand from millennials looking for urban-style living in this trendy neighborhood. The value-added proposition at Villa Girasol lies in the ability of the purchaser to remodel and renovate the units to attract higher-paying tenants who are moving to Koreatown for its hip vibe, its cultural diversity, and its walkability. Koreatown is also near transportation, providing residents automobile-free access to Los Angeles' major employment hubs and its many world-class colleges and universities.

Listing Details

Property type: (Multi-Family)
Status: Backup Offer
MLS# 16-164762
List price is $2,395,000
Beds: 3
Baths: 16
Built in 1929
7,120 sqft
2 Story stories
County: Los Angeles
Zoning: LAR4
Parking type: None
Interior features: Other
MLS area: Mid-Wilshire (C17)

Last Updated: 11/7/2016

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This listing belongs to the Mid-Wilshire (C17) MLS area

The listing is zoned LAR4.
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Lat/Long: 34.053486, -118.294441.
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Broker: Courtesy of Iconic Investments
Listing Agent: Hooman Ghaffari

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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