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2943 Walton Avenue

Los Angeles (City), CA 90007
  • $1,599,000
  • STATUS: Active Under Contract
  • ON SITE: 172 Days
  • ID#: 24429019
Under Contract
UPDATED: 28 min ago
$1,599,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,858
    SQFT
  • $559
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

Listing Agent(s): Peter Oh of Keller Williams Larchmont (323-762-2600) and Myron Bang of Keller Williams Larchmont(323-762-2600)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-06T13:33:19.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/153783148
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2943 Walton Avenue Los Angeles (City), CA 90007

  • Price: $1,599,000
  • Status: Active Under Contract
  • On Site: 172 Days
  • Updated: 28 min ago
  • ID#: 24429019
8
Beds
0
Baths
0
½ Baths
0.19
Acres
2,858
SQFT
$559
$/SQFT
1916
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
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.
Exterior Features

Parking Features Driveway Parking Total 0

Interior Features

Appliances DishwasherMicrowaveRefrigerator Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Gross Income 133020 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 99765 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-06T13:33:19.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Peter Oh of Keller Williams Larchmont (323-762-2600) and Myron Bang of Keller Williams Larchmont(323-762-2600)