Listed By:
Adam Shamooelian with Keller Williams Beverly Hills;
Address
2515 S Catalina Street, Los Angeles, CA
Price
$ 1,355,000
Property Attributes
  • MLS#25494781
  • TypeSingle Family
  • Listing Status Pending
  • CountyLos Angeles
  • CityLos Angeles
  • Area Mid Los Angeles
  • Zip90007
  • Style
  • Year Built1918
  • Price$ 1,355,000
  • Bedrooms12
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3320
  • Lot Size0.1289 Acres
Data Source:
California Regional MLS (CRMLS)
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)

Price History
1/27/2026 Listed $1,355,000

General Features

Living Area 3320
Zoning LAR2
Year Built 1918
Levels MultiSplit
Gross Income 130218
County Los Angeles
Net Operating Income 97000
New Construction false
Property Type ResidentialIncome
HOA false
Special Listing Conditions Standard
Status Pending
Directions 2515 S. Catalina St., 90007
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C16 - Mid Los Angeles
Lot Size Units SquareFeet
Lot Size Square Feet 5613
Standard Status Pending
PostalCity LOS ANGELES

Interior Features

Total Stories 2
Total Bedrooms 12
Total Baths 8

Exterior Features

Total Parking 6
Lot Size Area 5613
Number of Buildings 3
Building Area Total 3320
Lot Size Acres 0.1289

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90007

Price
AVG $1.15M
$1.36M
Year Built
AVG 1906
1918

Areas We Cover