2943 Walton Ave Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $559
MLS Listing ID 24-429019
Bedrooms 8
Year Built 1916
Lot Size 8,102 Sqft
Acres 0.186
Property 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.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Equipment Dishwasher, Microwave, Freezer, Range/Oven, Refrigerator
Exterior
Parking Features Driveway
Building
Level or Stories Two
Others
Special Listing Condition Standard