2917 Walton Avenue
$2,125,000
15
10
4,584
4,584
$464
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,...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.
- Listed by Kristopher German • DRE #01800021 • Brokerage DRE #01264629 • RE/MAX 2000 REALTY • 909-645-0443
Property Details for 2917 Walton Avenue
Parking Spaces Total
8
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4584
Assessor Parcel Number5054-035-020
Property Attached YNtrue
LISTING UPDATED: 10/22/2024 03:30 AM
Property Details for 2917 Walton Avenue
Status | Active |
---|---|
MLS # | CV24195870 |
Days on Market | 56 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
County | Los Angeles County |
Building Information for 2917 Walton Avenue
Building/Complex2917 Walton AveFloor-Stories2Residences-Pet Policy-Year Built1958Building Size-
Property Information for 2917 Walton Avenue
Property History for 2917 Walton Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2917 Walton Avenue
Taxable ValueLand$397,255Additions$139,534Total$536,789
Tax Record2024$7,108 ($592 / month)
Home Facts
Total Finished SqFt4,584 SqFtAbove Grade Finished SqFt4,584 SqFtLot Size6,251 SqFtStyleMulti-Family Res (5+ Units)Year Built1926ZoningLAR4CountyLOS ANGELESAPN5054-035-020
Schools near 2917 Walton Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
Foshay Learning Center PublicK to 12 | ||
Manual Arts Senior High School Public9 to 12 | ||
Stem Preparatory Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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