2917 Walton Avenue, Los Angeles, CA 90007

  • $2,250,000
  • $491
2917 Walton Avenue, Los Angeles, CA 90007
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1958
  • Year Built
For Sale
2917 Walton Avenue, Los Angeles, CA 90007
  • $2,250,000
  • $491

Overview

Property ID: SGR-34037949
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1958
  • Year Built

Description

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 5.54% with a valuation of $150,000 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.

  • Address 2917 Walton Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Area C16 - Mid Los Angeles
  • Country United States

Details

Updated on September 24, 2024 at 11:36 am
  • Property ID: SGR-34037949
  • Price: $2,250,000
  • Land Area: 6251.00 m²
  • Garage: 0.00
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4584.00
  • MLS#: CV24195870
  • Office Name: RE/MAX 2000 REALTY
  • Agent Name: Kristopher German
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01800021
  • IDX Contact Info: 909-645-0443

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 8.00
  • Water Source: Public

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