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    3101 S Catalina St

    Los Angeles, CA 90007
    • $895,000
    • STATUS: Pending
    • ON SITE: 13 days
    • ID#: 21-762654
    Pending
    UPDATED: 83 min ago
    $895,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,030
      SQFT
    • $295
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to offer the opportunity to acquire this three (3) unit multifamily investment opportunity, located blocks to the University of Southern California (USC). The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USCs landmarks, and academic buildings. The subject property is constructed of wood frame and stucco, built in 1964, with approximately 3,030 rentable square feet on a 6,350 square foot lot. The investment is comprised of two structures, with a unit mix consisting of two (2) 2-bedroom + 1.5-bathroom units, & one (1) 2-bedroom +1-bathroom unit. Given the location and attractive local area amenities, this is an excellent value-add opportunity, with over 75% upside in current rents for an investor to acquire in the attractive USC submarket.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T19:43:01.36. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/119471407
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    3101 S Catalina St Los Angeles, CA 90007

    • Price: $895,000
    • Status: Pending
    • Updated: 83 min ago
    • ID#: 21-762654
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,030
    SQFT
    $295
    $/SQFT
    1964
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to offer the opportunity to acquire this three (3) unit multifamily investment opportunity, located blocks to the University of Southern California (USC). The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USCs landmarks, and academic buildings. The subject property is constructed of wood frame and stucco, built in 1964, with approximately 3,030 rentable square feet on a 6,350 square foot lot. The investment is comprised of two structures, with a unit mix consisting of two (2) 2-bedroom + 1.5-bathroom units, & one (1) 2-bedroom +1-bathroom unit. Given the location and attractive local area amenities, this is an excellent value-add opportunity, with over 75% upside in current rents for an investor to acquire in the attractive USC submarket.
    Exterior Features

    Lot Size Area 6350 Other Structures None Parking Garage Assigned Total Parking 5

    Interior Features

    Baths Total 5.00 Cooling Other Equipment Range/OvenOther Heating Other

    Property Features

    Assessed Total Value 56881 Gross Income 19608 Gross Operating Income 19216 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 7716.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 11500 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Davis Saadian DRE#01921748 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T19:43:01.36. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101