2943 Walton Avenue
Los Angeles, CA 90007
2858 sqft | 8 beds | 0.19 acres | #25541171
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. Situated on a HUGE 8,100 SF Corner lot 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. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). 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$1,395,000
- MLS #25541171
- MLS #25541171
- Cost1395000
- Acres0.186
- Square Feet2858
- Year Built1916
- Bedrooms8
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Peter Oh (#CLW-C110200)
Listing Office: Keller Williams Larchmont (#CLW-X74850)
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