MAJOR PRICE REDUCTION! SELLERS MOTIVATED!! We are pleased to present this 4-Unit student housing property on the west side of the USC campus. 6.1% CAP and 11.7 GRM on current income and room for upside!The property is comprised of a mix of 1 - 4 Bed / 2 Bath Unit, 2 - 3 Bed / 2 Bath units, and 1 - 2 Bed / 2 Bath unit. The property is approximately 4,212 +/- Sf on a 6,250 +/- Sf lot zoned LARD1.5. The property has been professionally managed for several years and beautifully maintained. This is the perfect turnkey investment for anyone looking to maximize their cash flow!
Off market
$1,727,500
2928 Walton Ave, Los Angeles, CA 90007
4beds
4baths
4,212sqft
MultiFamily
Built in 1910
-- sqft lot
$1,727,500 Zestimate®
$410/sqft
$4,030 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Wall
Appliances
- Included: Garbage disposal, Microwave
Interior area
- Total interior livable area: 4,212 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Garage - Detached
Lot
- Size: 6,250 sqft
Details
- Parcel number: 5054036011
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Garbage Disposal, Range/Oven, Ceiling Fan, Microwave
- Heating: Wall
- ListingArea: Mid Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Assessor
- Cooling: Wall/Window
- ParkingGarage: Carport Detached
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109
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Estimated market value
$1,727,500