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2659 S Catalina Street Los Angeles, CA 90007
$1,725,000 0 beds, 0 baths
0 sqft
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Prime 10-Unit Income Property Near USC with Vacancy & Rental Upside Located just minutes from USC, Exposition Park, and Downtown LA, this is a value-add investor’s dream in the highly desirable University Park neighborhood. This charming 10-unit multifamily asset offers both stable income and clear upside potential through turnover and repositioning. The unit mix includes: • 2 x 2-Bedroom Units • 7 x 1-Bedroom Units • 1 x Studio/Single Offering a rare opportunity to immediately begin increasing revenue. Two of the units have projected market rents of $2,400/month, and existing rents across the property are substantially below market, leaving room for meaningful income growth. The property is located in a Tier 3 TOC and CPIO overlay zone, and is zoned LARD1.5, presenting potential for ADU conversion, redevelopment, or additional density (buyer to verify). On-site parking and individual unit layouts add to its long-term appeal. With high rental demand driven by proximity to transit, USC, and major employment centers, this is an exceptional opportunity to acquire a centrally located Los Angeles multifamily property with strong fundamentals and value-add potential.

Listing Details

Trust & Probate
Property type: Apartment (Multi-Family)
Status: Active
MLS# SR25139354
List price is $1,725,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1964
2 stories
0.18 acres
Lot size: 0.1818
County: Los Angeles
Zoning: LAR2
Construction: Drywall,Stucco
Interior features: Bedroom on Main Level
Parking description: Attached Carport,Concrete,Covered,Carport
Lot description: ZeroToOneUnitAcre
Heating description: Natural Gas,Wall Furnace
MLS area: C37 - Metropolitan South

Last Updated: 6/23/2025

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 34.031001, -118.294235.
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Listing Agent: Helen Johnson
Co Listing Agent: Tiffany McMurray
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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