3771 S Catalina, Los Angeles, California 90007, Los Angeles, 90007 - 3 bed, 2 bath
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Los Angeles, California 90007
This Turnkey Value-Add Residence is a Prime Investment Opportunity listed at $719,999—positioned well below the $754,740 Fair Market Value by 4%. This valuation gap offers $34,741 in Instant Equity. Boasting a Condition Rating of 2, the home features a comprehensive remodel with hardwood floors, AC mini-splits, and a private patio. Its location in the USC DPS Patrol Zone and LAR2 Zoning for a junior ADU provides exceptional rental upside. This is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Despite being built in 1906, the property has undergone a comprehensive recent renovation that meets modern quality standards. The interior features high-end updates including hardwood flooring, a remodeled kitchen with newer appliances and countertops, and bathrooms updated with tiled showers and glass enclosures. The addition of modern AC mini-splits and double-pane windows indicates a full system refresh, making the home move-in ready with no deferred maintenance.
Situated within the highly desirable DPS Patrol Zone and walking distance to the University of Southern California, making it a premier choice for student or faculty housing.
The residence features comprehensive updates including hardwood floors, newer kitchen appliances, AC mini-splits, and remodeled bathrooms with glass-enclosed tiled showers.
The property is zoned LAR2 and offers sufficient space to construct a junior ADU, providing a significant opportunity for value-add or additional rental income.
The 2,981 SF lot is relatively small for the area, which may limit outdoor recreational space or feel congested if a junior ADU is added.
Built in 1906, the property may possess underlying structural or utility challenges common to century-old homes that cosmetic remodeling might not fully address.
The listing has undergone multiple price reductions since its initial market entry, which could suggest a disconnect between the original asking price and current buyer demand.
Single Family Residence, located in the highly desirable DPS Patrol Zone, walking distance to the University of Southern California (USC). This 3-bedroom + 2-bathroom house has been updated & remodeled - featuring hardwood floors, newer kitchen appliances, counter tops, AC mini-splits, double pane windows, tiled showers with glass enclosures, & an in-unit washer & dryer. The 2,981 SF lot is zoned LAR2, and has the space to construct a junior ADU (Buyer to verify with the city of Los Angeles). In addition to its proximity to USC, the property benefits from being walking distance to a Metro Expo Line station offering a short commute to Downtown Los Angeles. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,128 | 1,260 | 38% |
| Lot Size | 2,981 | 2,960.5 | 50% |
| Price | $699.0K | $785.8K | 38% |
| Price per sq ft | $620 | $508 | 75% |
| Built year | 1906 | 1907 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 177 | 25% |
Apr 21, 2026
$699,000
$719,999
-3% Price Drop
Initial Listing
Feb 18, 2026
$719,999
$765,999
-6% Price Drop
Initial Listing
Jan 30, 2026
$765,999
$769,999
-1% Price Drop
Initial Listing
Jan 12, 2026
$769,999
Initial Listing
Jul 7, 2005
$330,000
Public Record
Jul 19, 2004
$200,000
Public Record
Nov 6, 1996
$125,000
Public Record