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Listed by Robert Lee • Engel & Voelkers Pasadena
$ 2,500,000
Est. payment /mo
Pending
2927 South Catalina Street Los Angeles, CA 90007
3,407 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,407 sqft
Price per Sqft $733
MLS Listing ID AR-25050754
Year Built 1964
Lot Size 6,249 Sqft
Property Sub-Type Triplex
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
Zoning LAR2
Interior
Interior Features Copper Plumbing Partial, Furnished, Recessed Lighting
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Inclusions All furnishings (exception of renter's personal items).
Laundry Individual Room
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description Front Yard
Sewer Public Sewer