Active
2917 Walton AVE
LOS ANGELES CA, 90007
$1,995,000
$435.21 per sqft
Active
15 Beds
10 Baths
4,584 sqft
Multi-family
Built in 1958
JUST REDUCED! 6.43% Current CAP Rate! 11.79 GRM! This prime multi-family investment property, fully occupied by USC students, offers a stable investment opportunity located in the USC patrol zone. The property features 19 beds across 15 bedrooms, consisting of (1) 3-bedroom/2-bath detached single-family residence with a private patio and four (4) 3-bedroom/2-bath units. Two of the units will be delivered vacant at the close of escrow. The current cap rate is 6.43% with a valuation of $133,000 per bedroom, highlighting the strong cash flow generated from the property. Tenant amenities include a gated entry for added privacy, on-site parking with a total of 8 off-street spaces, and a communal laundry room. This property is ideally suited for investors looking to capitalize on the constant demand from USC students, offering a turn-key solution in a highly sought-after area, with significant rental income and growth potential.
CV24195870MR
MLSⓇ ID
September 20, 2024
Listed
December 5, 2024
Updated
Map
2917 Walton AVE
LOS ANGELES CA, 90007
Interior Features
Total Stories
2
Bedrooms
15
Total Bathrooms
10
Laundry Description
Community, Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Mid Los Angeles
Days on Market
61
Garage
No
Parking Total
8
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR4
Listed by Kristopher German with RE/MAX 2000 REALTY
Listing Contact: 626-427-0786
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Clara Yang | CA DRE# 01201082 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/5/2024
