2515 South Catalina Street Los Angeles, CA $ 1,355,000
2515 South Catalina Street
$ 1,355,000
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2515 South Catalina Street

Los Angeles, CA, 90007
$ 1,355,000
Baths0.0 Sq 3,320

Monthly Estimate*

$ 8,343

2515 South Catalina Street, Los Angeles, CA 90007 - Image 1
2515 South Catalina Street, Los Angeles, CA 90007 - Image 2
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2515 South Catalina Street, Los Angeles, CA 90007 - Image 4
2515 South Catalina Street, Los Angeles, CA 90007 - Image 5
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2515 South Catalina Street, Los Angeles, CA 90007 - Image 8
2515 South Catalina Street, Los Angeles, CA 90007 - Image 9
2515 South Catalina Street, Los Angeles, CA 90007 - Image 10
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,355,000. This 3,320 square foot home was built in 1918 on a lot size of 0.13.

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)

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Multi-Family Pending

Price

$ 1,355,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.13

Year Built

1918

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025494781

Features
General
Zoning LAR2
Year Built 1918
Levels Multi/Split
County Los Angeles
Net Operating Income 97000.0
New Construction No
Property Type C
HOA No
Status Pending
City Los Angeles
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5613.0
Standard Status Pending
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Exterior
Parking Features Gated
Lot Size Area 5613.0
Building Area Total 3320.0
Lot Size Acres 0.13
Land Lease Type Fee
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Interior
Total Stories 2
Total Baths 0
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* Excluded Features
List By
Adam Shamooelian

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$8,343
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,343
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2025$1,355,000 Listed Price

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2515 South Catalina Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,355,000 with 3,320 sqft and a lot size of 0.13. 2515 South Catalina Street is a studio with 0.0 baths and was built in 1918. The property's zip code is 90007 which is in Los Angeles, CA