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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,355,000

Est. payment | -/mo

12 Beds

8 Baths

3,320 SqFt

Save

$ 1,355,000

Est. payment | -/mo

Save

12 Beds

8 Baths

3,320 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 3,320 sqft

Price per Sqft $408

MLS Listing ID 25494781

Bedrooms 12

HOA Y/N No

Year Built 1918

Lot Size 5,614 Sqft

Property Description

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)

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR2

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5054021015

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Adam Shamooelian Keller Williams Beverly Hills #02116849

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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2515 S Catalina ST Los Angeles, CA 90007