
Los Angeles, California 90007
This High-Capacity Residential Income Asset is listed at $1,399,900, reflecting a market-responsive adjustment toward its $1,230,606 Fair Market Value. Boasting a Good Condition Rating following a comprehensive renovation, the property features a 7-Bedroom, 4-Bath main house plus a separate guest house. Situated in the Historical West Adams District and the USC Patrol Zone within the Los Angeles Unified district, the LAR2 Zoning offers significant value-add potential through ADU expansion. This turnkey rental opportunity is perfectly positioned for Buy-and-Hold Investors or Owner-Occupants targeting the high-demand USC student housing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2641 S Catalina Street Subject | $1,289,000* List Price | 7 | 4 | 2,016 | $632 | - |
A 1420 W 22nd Street Active | $1,500,000 List Price | 0 | 0 | 2,443 | $614 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1903, the property has been 'totally renovated throughout' as stated in the description. The images confirm a move-in ready condition with updated laminate wood and tile flooring, fresh paint, and recessed lighting. The kitchen features traditional wood cabinets, stone-look countertops, and a mix of stainless steel and white appliances, which are functional but not top-tier modern. Bathrooms are clean with functional vanities and tiled showers, though the style of the tiles and vanities appears somewhat dated, suggesting the renovation, while extensive, may not be brand new or high-end. Overall, it's well-maintained and requires no immediate renovations, aligning with a 'good' condition.
Strategically located within the USC Patrol Zone and short distance to USC campus, village, and major attractions, making it ideal for student housing or a large family, offering strong rental demand and appreciation potential.
The 7-bedroom, 4-bath, 2,016 sqft main house has been 'totally renovated throughout,' providing a move-in ready condition and ample living space for multiple occupants.
Includes an extra guest house separate from the main house and 'Great potential for a good size ADU,' offering significant opportunities for additional rental income or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
Built in 1903, despite renovations, older properties can present unforeseen maintenance challenges or require specialized upkeep for historical elements.
The property has undergone a significant price reduction from $1.65M to $1.3999M, which may indicate initial overpricing or market resistance, potentially raising questions about its current valuation.
Here is a great investors opportunity looking for USC students housing or a large family looking for extra rooms. This house is located in the Historical West Adams District, the gated 7 Bedroom 4 Bath 2,016 Square foot home has been totally renovated throughout. Plus an extra guest house separate from main house. Great potential for a good size ADU. This property is within USC Patrol Zone. Zoning LAR2. The property is short distance from USC campus, village and many attractions such as, Exposition Park, Lucas Museum of Narrative Art, LA Memorial Coliseum, Natural History Museum, California Science Center, BMO Stadium and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 88% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 2,016 | 1,652 | 50% |
| Lot Size | 6,961 | 3,429 | 88% |
| Price | $1.29M | $809.5K | 88% |
| Price per sq ft | $639 | $508 | 75% |
| Built year | 1903 | 1906 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 177 | 25% |
Apr 3, 2026
$1,289,000
$1,399,900
-8% Price Drop
Initial Listing
Feb 11, 2026
$1,399,900
$1,650,000
-15% Price Drop
Initial Listing
Jan 9, 2026
$1,650,000
Initial Listing
Dec 2, 2009
$280,000
Public Record
Apr 21, 2009
$288,000
Public Record