1401 S Catalina St, Los Angeles, CA 90006

1401 South Catalina is a gated two-story walk-up apartment complex originally built in 1958 just south of Pico Blvd and west of Vermont in the Pico Union submarket. This property is very close to Loyola High School. The property features a pitched roof and gated parking. This property is part of a 10-property portfolio totaling 186 units. Most of the properties are in the 90029 & 90006 zip codes of Los Angeles, CA. These well-located properties offer convenient access to Downtown Los Angeles & Mid-Wilshire and can be managed efficiently due to their proximity to one another. The properties are well maintained and have had many exterior and interior improvements. There is still +28% upside to be realized as units turn and the opportunity to construct two additional units already permitted at 1006 Mariposa. This infill multifamily portfolio is in an improving submarket in LA and gives an investor diversification amongst 12 different APNs and proven upside through continued unit turns.