Active
2917 Walton Avenue
Los Angeles CA, 90007
$1,995,000
Active
12 Beds
Multi-family
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.
CV24195870
MLSⓇ ID
September 20, 2024
Listed
December 6, 2024
Updated
Map
2917 Walton Avenue
Los Angeles CA, 90007
Interior Features
Total Stories
2
Bedrooms
12
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Curbs, Sidewalks
Other Property Details
Days on Market
77
Garage
No
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
Assessor
Listed by RE/MAX 2000 REALTY, KRISTOPHER GERMAN,
Listing Contact: 909-645-0443
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Data last updated 6:19 PM UTC, 12/6/2024
