Fantastic 7.2% CAP rate opportunity! Newly remodeled Triplex with 13 full bedroom suites located just blocks from USC. ADU plans are permitted and RTI (Ready to build 896 sq ft: 3 additional bedroom suites with kitchen on the back side of property). The front building has 5 bedroom suites, 1 kitchen, 1 dining area. The back building upstairs has 4 bedroom suites, 1 kitchen, 1 dining area and 1 lounge area. The back building downstairs has 4 bedroom suites, 1 kitchen, 1 dining area and 1 lounge area. Remodeled in 2020: new roof (front building), new windows, new electrical and copper plumbing, new kitchen and bathrooms, new 13 individual AC units, new paint and new laminate wood flooring. There is an onsite laundry room with 2 washers and 2 dryers for convenience. 13 of the 13 units have been rented to USC students and have contracts in place for 2025-2026 school year. Room in rear to park 4 cars or build approved ADU! Low maintenance, great curb appeal! Located in the USC DPS (dept of public safety) patrol zone.
Property Details
Price:
$2,500,000
MLS #:
AR25050754
Status:
Active
Baths:
0
Address:
2927 S Catalina Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 3, 2025
State:
CA
ZIP:
90007
Lot Size:
6,249 sqft / 0.14 acres (approx)
Year Built:
1964
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Schools
Interior
Appliances
Gas Range, Refrigerator, Water Heater
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Laminate
Heating
See Remarks
Interior Features
Copper Plumbing Partial, Furnished, Quartz Counters, Recessed Lighting
Window Features
Double Pane Windows
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Front Yard
Parking Features
Driveway
Parking Spots
4.00
Pool Features
None
Roof
Composition, Shingle
Security Features
Gated Community
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
None
Map
Community
- Address2927 S Catalina Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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2927 S Catalina Street
Los Angeles, CA
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