2917 Walton, Los Angeles, CA 90007
- $1,895,000
Listing courtesy of Listing Agent: Lourdes Galvez (galvezlourdes@yahoo.com) from Listing Office: Lourdes Galvez, Broker.
- List Price
- $1,895,000
- Status
- ACTIVE
- Days on Market
- 68
- Price Change
- ▼ $90,000 1784033704
- MLS#
- DW26119234
- Subtype
- Residential Income
- Year Built
- 1926
- Lot Size
- 6,253
- Acres
- 0.14
- MLS Area Major
- Los Angeles Southwest (C34)
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.
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Additional Information
- Air Conditioning
- Yes
- Pool Type
- None
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.