tomo logo

$1,995,000

Beds
Unknown
sq ft
Unknown

2917 Walton Ave, Los Angeles, CA 90007

2917 Walton Ave

Los Angeles, CA 90007

  • 95 days on market
    • Price drop $130,000↓
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.

Details

Property type

Apartment

Lot size

6,251 sq ft

Price per sq ft

Unknown

Year built

1958

Price History

12/05/2024
CRMLS

CRMLS #CV24195870

Price change
$1,995,000
-6.12%
10/22/2024
CRMLS

CRMLS #CV24195870

Price change
$2,125,000
-5.56%
10/17/2024
CRMLS

CRMLS #CV24195870

Removed
$2,250,000

Schools & Community

Neighborhood: 

Adams-Normandie

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 12/24/2024 at 10:05 AM

Listing updated: 12/04/2024 at 6:25 PM

Listed by: Kristopher German, RE/MAX 2000 REALTY Phone #: (626) 956-0188

MLS: CRMLS #CV24195870

CRMLS logo

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