$2,125,000
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2917 Walton Avenue Los Angeles, CA 90007
Apartment
Residence
Beds
Baths
4,584
Sq. Ft.
0.14
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
NEW PRICE! 5.97% Current CAP Rate! 12.5 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-famil...y 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 5.94% with a valuation of $111,842 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
Status
Year Built
1958
Square Feet
4,584
sq. ft
Lot Size
0.14
Stories
2.0
Sewer
Public Sewer
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