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.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
This property is $1.5M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24009751
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (626) 824-3388
Listing Agent: Robert Lee
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 10, 2019
Dec 10, 2019Home Sold
$1,185,000
Oct 09, 2001
Oct 09, 2001Home Sold
$236,000
Apr 27, 1994
Apr 27, 1994Home Sold
$47,000
Jul 01, 1993
Jul 01, 1993Home Sold
$260,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,535
$1,197,276
2020
$4,826
$1,185,000
2019
$4,745
$371,798
2018
$4,650
$364,509
2017
$4,650
$357,363
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Vermont Avenue Elementary School
1435 W 27th St
Distance between this listing and this school0.19 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.88 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school21.68 miles
Public Magnet Grades KG-5
Middle School
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.23 miles
Public District Grades 6-8
High School
5
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.93 miles
Public District Grades KG-12
2
/10
Manual Arts Senior High School
4131 S Vermont Ave
Distance between this listing and this school1.32 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.75 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Vermont Avenue Elementary School
1435 W 27th St
Distance between this listing and this school0.19 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.88 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school21.68 miles
Public Magnet Grades KG-5
Assigned Schools
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.23 miles
Public District Grades 6-8
Nearby Schools
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school1.06 miles
Public Charter Grades KG-8
4
/10
William Jefferson Clinton Middle School
3500 S Hill St
Distance between this listing and this school1.28 miles
Public District Grades 6-8
Assigned Schools
5
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.93 miles
Public District Grades KG-12
2
/10
Manual Arts Senior High School
4131 S Vermont Ave
Distance between this listing and this school1.32 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.75 miles
The neighbors living near this home have an average income of $44,615. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 2927 S Catalina St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This home, which was built in 1964, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $2,500,000.
While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.