$1,599,000
Accepting Backup Offers

2943 Walton Avenue

Los Angeles, CA 90007
2858 sqft | 8 beds | 0.19 acres | #24429019
Listing OfficeKeller Williams Larchmont
Browse 18 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

This is an exceptional opportunity to acquire a Turn Key USC Student Housing. This beautifully restored Victorian home is a well-established, student housing located in the coveted DPS Patrol Zone within close walking distance to the University of Southern California. Offering a total of eight (8) bedrooms and four (4) bathrooms, split into two spacious units. Each unit consists of four (4) bedrooms and two (2) bathrooms, a huge private enclosed front yard for activities providing an ideal living situation for students. Equipped with parking spaces for additional income. Bottom unit is currently vacant and to be delivered vacant for owner occupant or rented for income. Major Value Add opportunity to construct an ADU, offering additional income to increasing cash flow. Don't miss out on this sound investment before the 2026 FIFA World CUP and 2028 Los Angeles Olympics as the home is situated in close proximity to LA Memorial Coliseum. Seller has recently completed painting the exterior and poured new concrete in driveway parking area spending over $45k in improvements, repairs and upgrades.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,599,000
      • MLS #24429019
      • MLS #24429019
      • Cost1599000
      • Acres0.186
      • Square Feet2858
      • Year Built1916
      • Bedrooms8

Location

Cristina Arneson-CabreraReal Estate Group
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Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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