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2927 S Catalina Street

Los Angeles (City), CA 90007
  • $2,750,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: AR23152099
UPDATED: 74 min ago
$2,750,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C16 - Mid Los Angeles
Type:
Multi-Family
Built:
1964
County:
Los Angeles
Area:
C16 - Mid Los Angeles

School Ratings & Info

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Listing Agent(s): Robert Lee of Berkshire Hathaway Homeservices California Properties (626-440-5100) and Mei-Mei Liu of ()


Description

Fantastic high CAP rate opportunity. Newly remodeled Triplex blocks from USC. The main building has 5 bedroom suites, 1 kitchen, 1 dining area. The back building upstairs has 4 bedroom suites, 1 kitchen, 1 dining area and 1 lounge area. The back building downstairs has 4 bedroom suites, 1 kitchen, 1 dining area and 1 lounge area. Remodeled in 2020: new roof, new windows, new kitchen and bathrooms, new individual AC units, new paint and new laminate flooring. There is an onsite laundry room with 2 washers and 2 dryers. 12 of the 13 units have been rented to USC students. Low maintenance, great curb appeal!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T07:41:09.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142512625
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2927 S Catalina Street Los Angeles (City), CA 90007

  • Price: $2,750,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 74 min ago
  • MLS #: AR23152099
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1964
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Fantastic high CAP rate opportunity. Newly remodeled Triplex blocks from USC. The main building has 5 bedroom suites, 1 kitchen, 1 dining area. The back building upstairs has 4 bedroom suites, 1 kitchen, 1 dining area and 1 lounge area. The back building downstairs has 4 bedroom suites, 1 kitchen, 1 dining area and 1 lounge area. Remodeled in 2020: new roof, new windows, new kitchen and bathrooms, new individual AC units, new paint and new laminate flooring. There is an onsite laundry room with 2 washers and 2 dryers. 12 of the 13 units have been rented to USC students. Low maintenance, great curb appeal!
Exterior Features

Entry Level 0 Entry Location Main Lot Features Front Yard Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features Driveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof CompositionShingle Spa Features None Spa YN No

Interior Features

Appliances Gas RangeRefrigeratorWater Heater Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating See Remarks Heating YN Yes Interior Features FurnishedQuartz CountersRecessed Lighting Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 7.3 Common Interest None Community Features Street LightsSidewalksGated Electric Expense 3000 Fuel Expense 1050 Garage YN No Gross Income 0 Gross Scheduled Income 230100 Inclusions All Furnishings (Exception Of Renter's Personal items). Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Net Operating Income 201821 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 28279 Property Condition Updated/RemodeledTurnkey Property Sub Type Triplex Rent Control YN No Security Features Gated Community Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays None Trash Expense 500 Water Sewer Expense 2000 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T07:41:09.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Robert Lee of Berkshire Hathaway Homeservices California Properties (626-440-5100) and Mei-Mei Liu of ()