2917 Walton, Los Angeles, CA 90007
2917 Walton, Los Angeles, CA 90007
2917 Walton, Los Angeles, CA 90007
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,895,000
Est. payment /mo
6,250 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26119234

HOA Y/N No

Year Built 1926

Lot Size 6,250 Sqft

Property Sub-Type Apartment

Property Description

Exceptional investment opportunity near USC, offering a 9.57% cap rate and potential to increase NOI through strategic improvements and an adaptable lease structure. Located within walking distance of USC in a highly desirable rental market, this well-maintained five-unit property includes a 4,584 SF fourplex plus a detached single-family residence of approximately 1,100 SF.

The upgraded units are fully leased and supported by a history of strong occupancy. Features include gated parking and on-site laundry for added tenant convenience. The property benefits from its proximity to USC, public transportation, restaurants, shopping, and major neighborhood amenities.

At buyer's request, the property may be delivered vacant, offering flexibility to implement a new leasing strategy and optimize future income. An excellent opportunity for investors seeking stabilized cash flow, value-add potential, and long-term demand in the USC rental corridor. See Agent Remarks for financing options.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Street Lights

Total Parking Spaces 8

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5054035020

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Lourdes Galvez Lourdes Galvez, Broker 562-715-6240, DRE #01439834

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