USD $2,500,000

2927 S Catalina Street, Los Angeles, CA, 90007, US

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Listing Courtesy of Engel & Volkers Pasadena, Robert Lee, , State License #01714793

3407 sq.ft

AM-5070710

MLS#: AR25050754

Newly Remodeled Triplex Located Near USC

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.

Presented by

Robert Lee

+1 (626) 824-3388

Mei Mei Liu

+1 (626) 429-5715

Listing Highlights

Subtype
Triplex
Year Built
1964
Stories
2
Lot Size (Sq Ft)
6249 sq.ft
Heating
See Remarks
Cooling
Wall/Window Unit(s)
County
Los Angeles

Property Details

Interior Features
Utilities
Water Source
Public
Sewer
Public Sewer
Exterior Features
Lot Features
Front Yard
Pool Features
None
Construction
Property Type
Residential Income
Flooring
Laminate
Year Built
1964
Property Subtype
Triplex
Roof
Composition, Shingle
Property Condition
Updated/Remodeled
Building Area Total
3407
Parking
Parking Total
4
Garage
No
Parking Features
Driveway

Location

CA
Los Angeles
90007
Los Angeles
2927 S Catalina Street

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Down Payment

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$14,589.32

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. Information provided is for viewer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 6/7/2023 and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information