$10,000 Closing Credit¹
#SB25119332, Cameron Samimi, Listing office: Lyon Stahl Investment Real Estate, Inc.
#SR25139354·
Listing office: Dynamic Realty& Investments·
Listing agent: Helen Johnson·
Listing office phone: 951-943-8700
$1,725,000 List price
2659 S Catalina St Los Angeles, CA 90007
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 2659 S Catalina St
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.
Highlights
Home typeCondominium
HeatingNatural Gas, Wall Furnace
StatusActive
Lot size0.1818 Acres
Year built1964
ParkingAttached Carport, Concrete, Covered, Carport
MLS #SR25139354
Summary
- Flooring Type: Carpet
- Interior: Bedroom on Main Level
- Private Pool: No
- Parking: Attached Carport, Concrete, Covered, Carport
- Heating: Natural Gas, Wall Furnace
- List Price: $1,725,000
- HOA Amount: $0
- Annual Tax Amount: $2,909
- Tax Year: 2024
- Directions: Vermont/ 24th street
- Year Built: 1964
- Stories: 2
- Lot Size: 0.1818 Acres
- MLS Number: SR25139354
- MLS Name: CRMLS
- Office Name: Dynamic Realty& Investments
- Office Phone: (951) 943-8700
- Office Email: Helen@DynamicRealtyCo.com
- Listing Agent: Helen Johnson
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: 6/26/2025, 12:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,725,000
2659 S Catalina St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $136,789 | $2,909 |
| 2023 | $134,137 | $2,881 |
| 2022 | $131,538 | $2,799 |
| 2021 | $128,990 | $2,730 |
| 2020 | $126,154 | $2,335 |
| 2019 | $123,681 | $2,182 |
| 2018 | $121,257 | $2,150 |
| 2017 | $118,880 | $2,150 |
History based on county public records data.
Nearby schools
6
Vermont Avenue Elementary
Public District KG-5
0.1 mi
•1435 W 27th St
3
John W. Mack Elementary
Public District KG-5
0.3 mi
•3020 S Catalina St
3
STEM Preparatory Elementary School
Public Charter KG-5
0.5 mi
•1374 W 35th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,711. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
52%
35k-100k
5%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
34%
18-34 yrs old
31%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2659 S Catalina St
The listing price of 2659 S Catalina St property is $1,725,000.
The property 2659 S Catalina St is a condo located in Los Angeles, California, 90007.
Active Listing: 2659 S Catalina St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2659 S Catalina St are: Vermont Avenue Elementary (GreatSchools Rating 6/10), John W. Mack Elementary (GreatSchools Rating 3/10), STEM Preparatory Elementary School (GreatSchools Rating 3/10), Camino Nuevo Elementary #3 (GreatSchools Rating 4/10), Crown Preparatory Academy (GreatSchools Rating 5/10), Downtown Value (GreatSchools Rating 4/10), West Adams Preparatory High School (GreatSchools Rating 3/10), Alliance Gertz-Ressler Richard Merkin 6-12 Complex (GreatSchools Rating 6/10), Thirty-Second Street Usc Performing Arts (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $2,909 (source: MLS/based on county public records data).
The property at 2659 S Catalina St has 0 bathroom.
The year of construction for 2659 S Catalina St is 1964.
This home is located at 2659 S Catalina St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $1,725,000.
In May 2025 more than 325 listings in Los Angeles, CA were sold above the asking price. During the same period more than 134 listings were sold at asking price, while more than 319 were sold below. The number of homes for sale in Los Angeles, CA increased by 8.7% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $871,794 during the same period.
From Rocket Homes Real Estate and based on county public records data.