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3101 S Catalina St, Los Angeles, CA 90007
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3101 S Catalina St Los Angeles, CA 90007

$1,093,000 Sold Price as of 08/01/2022
  • 6 Beds
  • 3 Baths
  • 3,030 Sq.Ft.
Sold
$1,093,000 Sold Price as of 08/01/2022 Refinance Your Mortgage
Map preview of 3101 S Catalina St, Los Angeles, CA 90007

Property Overview: 3101 S Catalina St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 3,030 living square feet and 6,350 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Davis Saadian | BRE #01921748 | Keller Williams Beverly Hills
Co-listed by Adam Shamooelian | BRE #02116849 | Keller Williams Beverly Hills
Last checked: 14 minutes ago | Last updated: August 2nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,350
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21762654
City
Los Angeles
County
Los Angeles
Time on Site
1035 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $530
  • Total Rent: $530
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $530
  • Total Rent: $530
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $574
  • Total Rent: $574
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 25
  • Gross Scheduled Income: --
  • Net Operating Income: $7,716
  • Gross Operating Income: $19,216
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3101 S Catalina St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 3
  • Parcel Number: 5040025012
Location / Neighborhood
Location Information
  • Directions: 3101 S. Catalina Street, LA 90007
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Local Los Angeles Agent

Sale History for 3101 S Catalina St

Last sold for $1,093,000 on August 1st, 2022

  • July, 2021

  • Jul 29, 2021

    Date

    Pending

    CRMLS: 21762654

    $895,000

    Price

  • Jul 19, 2021

    Date

    Active

    CRMLS: 21762654

    $895,000

    Price

  • April, 2020

  • Apr 1, 2020

    Date

    Expired

    CRMLS: IN19274076

    $1,050,000

    Price

  • Dec 2, 2019

    Date

    Active

    CRMLS: IN19274076

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    STUDENT HOUSING DEVELOPMENT OPPORTUNITY NEAR USC. This triplex is a value-add or student housing development in Los Angeles. Great opportunity for owner/user or take advantage of the LARD2 zoning. Buyer to investigate. Front unit consist of 2 bed +1 bath. Rear units are both 2 Bed+ 2 bath. All units are currently occupied.

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Tax History for 3101 S Catalina St

Assessed Value (2020): $56,881
Year Land Value Improved Value Assessed Value
2020 $23,730 $33,151 $56,881

Home Value Compared to the Market

This property vs the competition

3101 S Catalina St sold on August 1, 2022 for 24.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $295.38 per/sqft which puts the price per square foot 60.88% lower than the current median sale per square foot for the city of Los Angeles.

About 3101 S Catalina St

Detailed summary of property

3101 S Catalina St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 3,030 living square feet, and sits on an approximately 6,350 square foot lot. 3101 S Catalina St was first listed on ArdentRealEstateGroup.com on July 19, 2021. The homeowner sold the property for $1,093,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.79% lower than the current median priced home. Local homes that are currently for sale include 1415 W 22nd St, 1156 W 25th St and 3915 Walton Ave. While the average home in Los Angeles, CA is selling in 92 days, 3101 S Catalina St has a days on market of 10 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3101 S Catalina St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3101 S Catalina St

Public county record property details
Beds
6
Baths
5
Year built
1964
Sq. Ft.
3,030
Lot Size
6,350
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
96
APN
5040-025-012

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,198,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 3101 S Catalina St

3025 Walton Ave, Los Angeles, CA 90007
$844,000 Last Sold Price
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3 Baths
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3025 Walton Ave
Los Angeles, CA 90007
1414 W 30Th St, Los Angeles, CA 90007
$1,200,000 Last Sold Price
5 Beds
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1414 W 30Th St
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2928 Walton Ave, Los Angeles, CA 90007
$1,650,000 Last Sold Price
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3423 S Catalina St, Los Angeles, CA 90007
$1,895,000 Last Sold Price
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3423 S Catalina St
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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