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ResidentialIncome — 2917 Walton, Los Angeles, CA

$1,895,000

2917 Walton, Los Angeles, CA

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About this property

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.

Property details

Year built
1926
Property type
ResidentialIncome

Location

2917 Walton • Los Angeles, CA 90007

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Listed by

Lourdes Galvez · Lourdes Galvez, Broker