2515 S CAtalina Street, Los Angeles, CA 90007 - Berkshire Hathaway HomeServices California Properties
2515 S Catalina Street Los Angeles, CA 90007
$1,355,000 12 beds, 8 baths
3, 320 sqft

Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active
MLS# 25494781
List price is $1,355,000
Beds: 12
Baths: 8
Built in 1918
3,320 sqft
0.13 acres
Lot size: 0.1289
County: Los Angeles
Zoning: LAR2
MLS area: C16 - Mid Los Angeles

Last Updated: 2/14/2025

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.033259, -118.294579.
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Listing Agent: Adam Shamooelian
Lic#: 01801928
Office Name: Sherman Oaks

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