2928 WALTON Avenue, Los Angeles, CA 90007

About this property

MAJOR PRICE REDUCTION! SELLERS MOTIVATED!! We are pleased to present this 4-Unit student housing property on the west side of the USC campus. 6.1% CAP and 11.7 GRM on current income and room for upside!The property is comprised of a mix of 1 - 4 Bed / 2 Bath Unit, 2 - 3 Bed / 2 Bath units, and 1 - 2 Bed / 2 Bath unit. The property is approximately 4,212 +/- Sf on a 6,250 +/- Sf lot zoned LARD1.5. The property has been professionally managed for several years and beautifully maintained. This is the perfect turnkey investment for anyone looking to maximize their cash flow!

Listing description from the September 2019 sale, as reported to CRMLS.

Sale history

$1,650,000

Sold September 2019 · listed $1,775,000, orig. $1,900,000, on market June 2019 · MLS #19481736 · Source: CRMLS

Listing Agent: Michael R. Fukushima · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Stephen F. Watson · Keller Williams Downtown LA

$561,300

Sold November 2013 · orig. $592,250, on market August 2013 · MLS #PW13156212 · Source: CRMLS

Listing Agent: William Hogue · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: Carol Hogue · Main Street Realtors

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