USD $2,500,000
2927 S Catalina Street, Los Angeles, CA, 90007, US
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Listing Courtesy of  Engel & Volkers Pasadena
3 407 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.
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.
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Listing Highlights

  • Subtype

    Triplex
  • Year Built

    1964
  • Stories

    2
  • Lot Size (Sq Ft)

    6 249 sq.ft
  • Heating

    See Remarks
  • Cooling

    Wall/Window Unit(s)
  • County

    Los Angeles

Property Details

  • Interior Features

      Interior Features

    • Recessed Lighting
    • Flooring: Laminate
    • Window Features: Double Pane Windows
    • Laundry Features: Laundry Room
    • Security Features: Gated Community
    • Spa Features: None
    • Appliances

    • Gas Range
    • Refrigerator
    • Water Heater
    • Heating & Cooling

    • Heating: See Remarks
    • Cooling: Wall/Window Unit(s)
  • 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
    New Construction
    No
    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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Year Fixed

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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.

Updated: May 11, 2025 1:40 AM