2515 S Catalina Street

Los Angeles, CA 90007

$1,355,000

List Price

12

bed Beds

8

shower Baths

3,320 sqft

straighten / sqft

1918

calendar_month Built

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)

Listing Information

List Price $1,355,000
Status Active
MLS 25494781
Type Residential Income
Year Built 1918
Lot Size 5,613
Structure Size 3,320
Courtesy Of Keller Williams Beverly Hills
Listing Agent Adam Shamooelian DRE#02116849

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 8

Exterior Information

Maps

Listing information courtesy of: Adam Shamooelian, Keller Williams Beverly Hills 310-658-2668. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 6th, 2025 at 5:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.