2927 S Catalina ST Active

Los Angeles,CA 90007

$ 2500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR25050754

Originating Board California Regional MLS

Year Built 1964

Lot Size 6,249 Sqft

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

Area C16 - Mid Los Angeles

Rooms

Kitchen Oven Range - Gas,Refrigerator

Interior

Heating Other

Cooling Window / Wall Unit

Flooring Laminate

Laundry In Laundry Room,Washer/Dryer - Leased

Exterior

Parking Features Other

Garage Spaces 4.0

Pool 31,None

Roof Type Shingle,Composition

Building

Water Hot Water,District - Public

Others

Tax ID 5054036022

Special Listing Condition Not Applicable

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