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2927 S Catalina Street

Los Angeles, CA 90007
  • $2,500,000
  • STATUS: ACTIVE
  • ON SITE: 10 Days
  • ID#: AR25050754
UPDATED: 53 min ago
$2,500,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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. 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/161227498
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2927 S Catalina Street Los Angeles, CA 90007

  • Price: $2,500,000
  • Status: ACTIVE
  • On Site: 10 Days
  • Updated: 53 min ago
  • ID#: AR25050754
4
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Los Angeles (90007)
County:
Los Angeles
Area:
Los Angeles (90007)
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. 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.
Exterior Features

Pool N/K Roof Composition Site Sidewalks Spa N/K

Interior Features

Cooling Wall/Window Heat Equipment Other/Remarks Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 13 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

Property Features

Actual Cap Rate 7.3 Annual Expense Actual 33304 Assessments N/K Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 230100 Home Owners Fees 0.0 Security Gated Community Tenant Pays N/K Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1450.0 Unit2 Rent Actual 1450.0 Unit3 Rent Actual 1450.0 Unit4 Rent Actual 1450.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Robert Lee of Engel & Volkers Pasadena: 626-824-3388. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037