Fantastic 7.2% CAP rate opportunity! Newly remodeled Triplex with 13 full bedroom suites located just blocks from USC. ADU plans are permitted and RTI (Ready to build 896 sq ft: 3 additional bedroom suites with kitchen on the back side of property). 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 (front building), new windows, new electrical and copper plumbing, new kitchen and bathrooms, new 13 individual AC units, new paint and new laminate wood flooring. There is an onsite laundry room with 2 washers and 2 dryers for convenience. 13 of the 13 units have been rented to USC students and have contracts in place for 2025-2026 school year. Room in rear to park 4 cars or build approved ADU! Low maintenance, great curb appeal! Located in the USC DPS (dept of public safety) patrol zone.
For sale
Listing Provided by:
Robert Lee DRE #01714793 626-824-3388,
Engel & Voelkers Pasadena,
Mei-Mei Liu DRE #01329663 626-429-5715,
Engel & Voelkers Pasadena
$2,500,000
2927 S Catalina St, Los Angeles, CA 90007
13beds
13baths
3,407sqft
Est.:
Triplex
Built in 1964
-- sqft lot
$2,294,400 Zestimate®
$734/sqft
$-- HOA
What's special
New roofNew windowsNew kitchen and bathroomsGreat curb appealOnsite laundry room
- 76 days
- on Zillow |
- 75 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2025 at 10:51pm
Listing Provided by:
Robert Lee DRE #01714793 626-824-3388,
Engel & Voelkers Pasadena,
Mei-Mei Liu DRE #01329663 626-429-5715,
Engel & Voelkers Pasadena
Source: CRMLS,MLS#: AR25050754
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 13
Bedroom 1
- Area: 132
Heating
- See Remarks
Cooling
- Wall/Window Unit(s), Wall Unit(s)
Appliances
- Included: Gas Range, Refrigerator, Water Heater, Disposal, Range
- Laundry: Laundry Room
Features
- Copper Plumbing Partial, Quartz Counters, Recessed Lighting
- Flooring: Laminate
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,407
- Total interior livable area: 3,407 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Pool features: None
- Spa features: None
Lot
- Size: 6,249 Square Feet
- Features: Front Yard
Details
- Parcel number: 5054036022
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Composition,Shingle
Condition
- Turnkey,Updated/Remodeled
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Gated Community
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $734/sqft
- Tax assessed value: $1,295,298
- Annual tax amount: $16,032
- Date on market: 3/7/2025
- Inclusions: All furnishings (exception of renter's personal items).
- Total actual rent: 18950
- Tenant pays: None
- Income includes: Laundry
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