Active

2515 S Catalina St

Los Angeles CA, 90007

$1,355,000


$408.13 per sqft

Active

12 Beds

8 Baths

3,320 sqft

Multi-family

Built in 1918

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)

25494781

MLS ID

February 6, 2025

Listed

February 14, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

8


Appliances

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.13 Acres

Other Property Details

Area Name

Mid Los Angeles


Days on Market

8


Garage

No


Parking

Other


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

LAR2

Listed by Adam Shamooelian with Keller Williams Beverly Hills
Listing Contact: 310-658-2668 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Clara Yang | CA DRE# 01201082 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/14/2025

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