$1,355,000
- Beds
- 12
- sq ft
- 3,320
2515 S Catalina St, Los Angeles, CA 90007
2515 S Catalina St
Los Angeles, CA 90007
- 16 days on market
We are pleased to offer the opportunity to acquire this turn-key four (4) unit Multi-Family/Student Housing investment on 2515 S. Catalina St., located within close proximity to the University of Southern California (USC) & Downtown LA. The property features a unit mix of one (1) 5 bedroom + 3 bathroom unit, one (1) 4 bedroom + 2 bathroom unit (delivered vacant), one (1) 2 bedroom + 2 bathroom unit, as well as one (1) non-conforming studio unit (Approximately 200sf). All four units have been recently remodeled with brand new vinyl flooring, stainless steel appliances, updated plumbing, electrical, bathrooms and kitchens! Additionally, the units are currently being rented to students with leases expiring on July 31st 2025, giving any buyer the opportunity to hand-pick their tenants with a fully vacant turnkey four-plex! The investment also allows the opportunity to further increase cash flow by adding multiple Accessory Dwelling units (ADU's- Buyer to Verify) in between the front and back units. Given the location, attractive local area amenities, and opportunity to increase rental income via development as well as impending vacancy, this investment presents an excellent opportunity for an investor to acquire a desirable apartment building in the attractive USC/Downtown LA submarket. (Property is located in the Historic Preservation Overlay Zone)
Details
Property type
Lot size
5,613 sq ft
Price per sq ft
$409
Year built
1918
HOA
No
Price History
02/06/2025
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CLAW #25494781
Listed
$1,355,000
+26.75%
09/24/2021
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CRMLS #SR21174186
Sold
$1,069,000
Schools & Community
Neighborhood:
Adams-Normandie
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 02/22/2025 at 10:50 AM
Listing updated: 02/14/2025 at 5:30 AM
Listed by: Adam Shamooelian, Keller Williams Beverly Hills Phone #: (310) 432-6400
MLS: CLAW #25494781
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