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Listed by Robert Lee • Engel & Volkers Pasadena
$2,500,000
Est. payment /mo
3,407 SqFt
Active
2927 S Catalina Street Los Angeles, CA 90007
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,407 sqft
Price per Sqft $733
MLS Listing ID CRAR25050754
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 6,249 Sqft
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry Laundry Room
Building
Lot Description Front Yard
Water Public
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