3109 S Catalina Street, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Sierra Properties
3109 S Catalina Street,Los Angeles, CA 90007
$910,000
- 5 Beds
- - Baths
- 1,140 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills
MLS#:CL26834543
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$910,000
- Price per sq. ft.:$798.25
About this home
We are pleased to present the opportunity to acquire 3109 S. Catalina Street, a fully renovated 5-bedroom + 4-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. Currently occupied by USC students, the property generates $6,500 per month in gross income. Backed by a proven operational history, parental guarantees, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully restored 1905 Craftsman single family residence, totaling approximately 1,140 rentable square feet on a 3,125 square foot lot. The property has undergone extensive renovations with modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, in-unit washers and dryers, furnished bedrooms, fully updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. In addition to strong in-place cash flow, the property presents a significant value-add opportunity through the construction of an ADU at the rear of the lot. With ample remaining lot area and favorable zoning for ADU development, an incoming investor has a clear path to meaningfully increase gross income, boost overall yield, and enhance long-term property value, mirroring the proven ADU model already thriving throughout the USC student housing submarket. Operating costs are minimal, as tenants are responsible for all utilities; gas, water, trash, and electricity, allowing ownership to retain a larger share of gross income as NOI. Priced at a 7% cap rate and 11.6x GRM, the property delivers both stabilized cash flow and a clear roadmap for future growth through ADU development, making it an attractive long-term hold in a supply-constrained pocket of Los Angeles....
Contact an agent
Home facts
- Year built:1905
- Listing ID #:CL26834543
- Added:122 day(s) ago
- Updated:September 15, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:5
- Living area:1,140 sq. ft.
Structure and exterior
- Year built:1905
- Building area:1,140 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$910,000
- Price per sq. ft.:$798.25
Features and amenities
- Laundry features:Dryer, Inside, Washer
New listings near 3109 S Catalina Street
- Coming Soon
$520,000Coming Soon1 beds 1 baths781 sq. ft.240 W 93rd, Los Angeles, CA 90003
MLS# DW26201703Listed by: J A T S ENTERPRISES, INC. - Coming Soon
$1,600,000Coming Soon3 beds 4 baths2,033 sq. ft.971 N Starlight Court, Los Angeles, CA 90029
MLS# IG26201028Listed by: EXP REALTY OF SOUTHERN CALIFORNIA - Coming Soon
$879,000Coming Soon3 beds 2 baths1,851 sq. ft.2053 W 75th Street, Los Angeles, CA 90047
MLS# PW26201632Listed by: PREMIER REALTY ASSOCIATES - Coming Soon
$899,950Coming Soon2 beds 2 baths1,330 sq. ft.4424 Whitsett Avenue #303, Studio City, CA 91604
MLS# SR26201701Listed by: COMPASS - Coming Soon
$650,000Coming Soon3 beds 3 baths1,485 sq. ft.18110 Killion Street #10, Tarzana, CA 91356
MLS# 26987769Listed by: EXP REALTY OF CALIFORNIA INC - Coming Soon
$1,075,000Coming Soon4 beds 4 baths1,604 sq. ft.1330 W 48th, Los Angeles, CA 90037
MLS# SR26201562Listed by: RODEO REALTY - Coming Soon
$775,000Coming Soon3 beds 3 baths1,697 sq. ft.19169 Index Street #1, Los Angeles, CA 91326
MLS# GD26198399Listed by: GREENLIGHT REALTY - Coming Soon
$815,000Coming Soon3 beds 3 baths1,184 sq. ft.6227 Denny Avenue, North Hollywood, CA 91606
MLS# 219152712DAListed by: EQUITY UNION - Coming SoonOpen Fri, 11am to 1pm
$3,650,000Coming Soon6 beds 5 baths5,733 sq. ft.10165 La Canada Way, Shadow Hills, CA 91040
MLS# 226004388Listed by: RODEO REALTY - Coming Soon
$2,250,000Coming Soon6 beds 5 baths2,354 sq. ft.5121 Morella Avenue, Valley Village, CA 91607
MLS# 26986339Listed by: KELLER WILLIAMS BEVERLY HILLS