2917 Walton Avenue, Los Angeles, CA 90007
-
Listed Price :
$2,125,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1958
Property Description
NEW PRICE! 5.97% Current CAP Rate! 12.5 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 5.94% with a valuation of $111,842 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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
2917 Walton Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90007 |
| County |
Los Angeles |
| Listing Agent |
Kristopher German DRE #01800021 |
| Courtesy Of |
RE/MAX 2000 REALTY |
| List Price |
$2,125,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
6,251 |
| Year Built |
1958 |
Listing information courtesy of: Kristopher German, RE/MAX 2000 REALTY. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 22nd, 2024 at 5:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
