$2,250,000
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2917 Walton Avenue Los Angeles, CA 90007
Apartment
Residence
Beds
Baths
...
Bed/Bath
4,584
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 5.54% with a valuation of $150,000 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.
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MLS#
CV24195870
Property Type
Apartment
Year Built
1958
Square Feet
4,584
sq. ft
Lot Size
0.14
Stories
2.0
Sewer
Public Sewer
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