2515 S Catalina ST
Los Angeles, CA, 90007
$1,355,000
12 Beds
8 Baths
3,320 SqFt
0.13 Acres
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We are pleased to offer the opportunity to acquire this turn-key four (4) unit Multi-Family/Student Housing investment on 2515 S. Catalina St., located within close proximity to the University of Southern California (USC) & Downtown LA. The property features a unit mix of one (1) 5 bedroom + 3 bathroom unit, one (1) 4 bedroom + 2 bathroom unit (delivered vacant), one (1) 2 bedroom + 2 bathroom unit, as well as one (1) non-conforming studio unit (Approximately 200sf). All four units have been recently remodeled with brand new vinyl flooring, stainless steel appliances, updated plumbing, electrical, bathrooms and kitchens! Additionally, the units are currently being rented to students with leases expiring on July 31st 2025, giving any buyer the opportunity to hand-pick their tenants with a fully vacant turnkey four-plex! The investment also allows the opportunity to further increase cash flow by adding multiple Accessory Dwelling units (ADU’s- Buyer to Verify) in between the front and back units. Given the location, attractive local area amenities, and opportunity to increase rental income via development as well as impending vacancy, this investment presents an excellent opportunity for an investor to acquire a desirable apartment building in the attractive USC/Downtown LA submarket. (Property is located in the Historic Preservation Overlay Zone)

Property Details

Price:
$1,355,000
MLS #:
25494781
Status:
Pending
Beds:
12
Baths:
8
Type:
Single Family
Neighborhood:
c16
Listed Date:
Feb 6, 2025
Finished Sq Ft:
3,320
Total Sq Ft:
3,320
Lot Size:
5,613 sqft / 0.13 acres (approx)
Year Built:
1918
C16C16

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Schools

Interior

Exterior

Parking Spots
6

Financial

Gross Operating Income
$130,218
Net Operating Income
$97,000

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Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Nov 29, 2025
1,920
Single Family Listed
70
Avg DOM
1,037
Avg $ / SqFt
$1,768,830
Avg List Price

Property Summary

    2515 S Catalina ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $1,355,000 and features 12 beds, 8 baths, and has approximately 3,320 square feet of living space, and was originally constructed in 1918. The current price per square foot is $408. The average price per square foot for Single Family listings in Los Angeles is $1,037. The average listing price for Single Family in Los Angeles is $1,768,830.

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2515 S Catalina ST
Los Angeles, CA