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Sold for $1,295,000 on 04/18/25
  • $1,295,000

    2515 S Catalina St, Los Angeles, CA 90007

    12beds
    8baths
    3,320sqft
    Multi Family
    Built in 1918
    -- sqft lot
    $1,274,900 Zestimate®
    $390/sqft
    $2,337 Estimated rent

    Owner options

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    $2,337/mo

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    $2,337/mo

    Rent Zestimate®

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    $8,063/mo

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    $8,063/mo

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    What's special

    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)

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 07:51am

    Listed by:

    Adam Shamooelian DRE # 02116849 310-658-2668,

    Keller Williams Beverly Hills 310-432-6400

    Bought with:

    Adam Shamooelian, DRE # 02116849

    Keller Williams Beverly Hills

    Source: CLAW,MLS#: 25494781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 3,320
    • Total interior livable area: 3,320 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Other
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 5,614 sqft
    Details
    • Additional structures: Other
    • Parcel number: 5054021015
    • Zoning: LAR2
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1918

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $1,274,900