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2943 Walton Ave

Los Angeles, CA 90007
  • $1,395,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 25541171
UPDATED: 47 min ago
$1,395,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,858
    SQFT
  • $488
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

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. Situated on a HUGE 8,100 SF Corner lot 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. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). 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 the Combined LA/Westside Multiple Listing Service as of 2025-06-19T22:43:02.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/164031074
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2943 Walton Ave Los Angeles, CA 90007

  • Price: $1,395,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 47 min ago
  • MLS #: 25541171
8
Beds
4
Baths
0
½ Baths
0.19
Acres
2,858
SQFT
$488
$/SQFT
1916
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
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. Situated on a HUGE 8,100 SF Corner lot 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. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). 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

Levels Two Lot Size Area 8102 Other Structures None Parking Garage Driveway Total Parking 6

Interior Features

Cooling Central Equipment DishwasherMicrowaveFreezerRange/OvenRefrigerator Heating Central

Property Features

Assessed Total Value 651355 Disclosures As Is Gross Income 111600 Gross Operating Income 111600 Like Units1 1 Like Units2 1 Net Operating Income 83700.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 27900 Type Of Units 2 Year Built Source Vendor Enhanced Zoning LAR2

Listing provided courtesy of Peter Oh DRE#01925937 of Keller Williams Larchmont: 323-762-2600.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-19T22:43:02.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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