2917 Walton Avenue

Los Angeles, CA 90007

About this property

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.

About this property

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.

Features and Additional Information

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$1,995,000 Active
4,584 SQFT

Presented By Coldwell Banker Home Source

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License #01902736
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RE/MAX 2000 REALTY 626-956-0188
1-626-956-0188
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Area Information

C16 Mid Los Angeles | Los Angeles County |

$ 1,995,000
This listing is play_arrow 53.5% higher than the average in the area
$ 1,300,000 in the area
4,584 SqFt
This listing is play_arrow 123.4% larger than the average in the area
2,052 SqFt in the area
$ 435 $/SqFt
This listing is play_arrow 31.3% less than the average in the area
$ 634 $/SqFt in the area
83 days on site
This listing is play_arrow 10.8% below the average in the area
93 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Kristopher German
Brokerage: RE/MAX 2000 REALTY 626-956-0188

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