MAJOR OPPORTUNITY $50000 REDUCTION. 165 Catalina is a 4 unit true value add opportunity in East Hollywood between Normandie and Vermont Blvd. The Tudor-style 4plex features a desirable unit size of 900SF+ currently leased at below market rents allowing an investor to capture over 130% in rental upside as units turn.The property has 9 parking spaces and is separately metered for gas and electric and features a large 4 car garage in the back of the property along with a front patio. Our property features a 3600 SF building and sits on an oversized 8309 SF lot with R3 zoning with a TOC density bonus, surrounded by mature trees and newly constructed apartments, Co-living, and condominiums. Neighborhood consistently benefits with Tons of new developments in the area from the growth of East Hollywood and given our property's close proximity to an abundance of wealth in Hancock Park, Silverlake, Larchmont, and Vermont Blvd in Koreatown. The property sits on an attractive frontage of 57 FT x 146 FT on flat land. Plenty of amenities along 3rd St and Vermont Ave and public/private funded new developments. Subject property sits North of Wilshire Blvd in the OPPORTUNITY ZONE and is easily accessible by the 101 Fwy and 10 Fwy. This is an AS-IS sale delivered with tenants in place. Cross-listed as Land