2927 South Catalina Street

Los Angeles, CA 90007

$2,500,000
Price
13
Beds
13
Baths
3,407 Sq. Ft.
$734 / Sq. Ft.
3,407
Sq. Ft.
$734
per Sq. Ft.

Description

Fantastic high CAP rate opportunity. Newly remodeled Triplex with 13 full bedroom suites located just blocks from USC. The front 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 electrical and copper plumbing, new kitchen and bathrooms, new 13 individual AC units,...Fantastic high CAP rate opportunity. Newly remodeled Triplex with 13 full bedroom suites located just blocks from USC. The front 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 electrical and copper plumbing, new kitchen and bathrooms, new 13 individual AC units, new paint and new laminate flooring. There is an onsite laundry room with 2 washers and 2 dryers for additional income. 12 of the 13 units have been rented to USC students. Room in rear to park 4 cars or build ADU! Low maintenance, great curb appeal! Located in the USC DPS (dept of public safety) patrol zone.
  1. Listed by Robert Lee • DRE #01714793 • Brokerage DRE #01317331 • Berkshire Hathaway HomeServices California Properties • 626-824-3388
  2. Listed by Mei-Mei Liu • DRE #01329663 • Brokerage DRE #01317331 • Berkshire Hathaway HomeServices California Properties

Property Details for 2927 South Catalina Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
13.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3407
Assessor Parcel Number
5054-036-022

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Robert Lee, DRE #01714793; Berkshire Hathaway HomeServices California Properties, Mei-Mei Liu, DRE #01329663
Add your commute
LISTING UPDATED: 04/20/2024 01:21 PM

Property Details for 2927 South Catalina Street

StatusActive
MLS #AR24009751
Days on Market105
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.14 AC / 6,249 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Robert Lee, DRE #01714793; Berkshire Hathaway HomeServices California Properties, Mei-Mei Liu, DRE #01329663
Add your commute

Building Information for 2927 South Catalina Street

Stories2Residences-Year Built1964Building Size-Lot Size0.14 AC / 6,249 SF

Payment Calculator

$14,955 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$1,311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2927 South Catalina Street

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $232,100
  • Gross Scheduled Income: $230,100
  • Net Operating Income: $198,795
  • Number Of Rented Garages: 0
  • Laundry Income: $2,000
  • Cap Rate: 7.3
Expense Details
  • Operating Expense: $33,304
  • Gardener Expense: $900
  • Cable TV Expense: $1,619
  • Fuel Expense: $832
  • Pest Control Expense: $250
  • Electric Expense: $4,191
  • Insurance Expense: $1,214
  • Professional Management Expense: $3,600
  • Trash Expense: $500
  • Water Sewer Expense: $3,235
  • Total Expenses: $33,304
Tax / Assessment Info
  • Tax Tract Number: 11111
  • Tax Census Tract: 2219.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 106
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Equipment: Refrigerator, Room
  • Interior Features: Copper Plumbing Partial, Furnished, Quartz Counters, Recessed Lighting
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
  • Flooring: Laminate
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Gated Community
  • Security: Gated Community
  • Roof: Composition, Shingle
  • Entry Location: Main
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 13
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,525
  • Unit Type Total Rent: $1,525
  • Unit Type Pro Forma: 1525
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 13
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 2
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 3
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 4
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 5
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 6
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 7
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 8
Unit 13
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 12
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3
  • Number Wall AC: 13

Property History for 2927 South Catalina Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2927 South Catalina Street

Taxable ValueLand$918,000Additions$351,900Total$1,269,900
Tax Record2023$15,727 ($1,311 / month)
Home Facts
Total Finished SqFt3,407 SqFtAbove Grade Finished SqFt3,407 SqFtLot Size6,249 SqFtStyleTriplexZoningLAR2CountyLOS ANGELESAPN5054-036-022

Schools near 2927 South Catalina Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Vermont Avenue Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2927 South Catalina Street is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on January 16, 2024 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $2,500,000. It has been on the market for a total of 105 days and was last sold on October 9, 2001. This listing's school district is Los Angeles Unified School District. Nearby schools include Vermont Avenue Elementary School, Foshay Learning Center and Manual Arts Senior High School. 2927 South Catalina Street is a 13-bed, 13-bath, 3,407 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Robert Lee, DRE #01714793; Berkshire Hathaway HomeServices California Properties, Mei-Mei Liu, DRE #01329663

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.