$1,895,000
- Beds
- Unknown
- sq ft
- Unknown
2917 Walton Ave, Los Angeles, CA 90007
2917 Walton Ave
Los Angeles, CA 90007
- 155 days on market
- Price drop $100,000↓
JUST REDUCED! 6.83% Current CAP Rate! 11.20 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 6.83% and GRM is 11.20 with a valuation of $126,333 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.
Details
Property type
Apartment
Lot size
6,251 sq ft
Price per sq ft
Unknown
Year built
1958
Price History
02/05/2025

CRMLS #CV24195870
Price change
$1,895,000
-5.01%
02/04/2025

CRMLS #CV24195870
Removed
$1,995,000
02/01/2025

CRMLS #CV24195870
Listed
$1,995,000
Schools & Community
Neighborhood:
Adams-Normandie
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
Community features:
Curbs, Sidewalks
Status: Active
Tomo last checked: 02/22/2025 at 11:00 AM
Listing updated: 02/04/2025 at 4:25 PM
Listed by: Kristopher German, RE/MAX 2000 REALTY Phone #: (626) 956-0188
MLS: CRMLS #CV24195870

Recently listed in Los Angeles
$13,995,000|6 bd|6.25 ba|House
$22,995,000|7 bd|13.0 ba|House
$580,000|2 bd|1.0 ba|House
$1,824,990|4 bd|3.0 ba|House
$549,000|3 bd|1.5 ba|House
$17,680,000|8 bd|10.5 ba|House
$1,250,000|4 bd|3.75 ba|House
$575,000|3 bd|2.0 ba|House
$2,495,000|3 bd|3.25 ba|House
$1,349,000|3 bd|2.0 ba|House
Explore top cities in California