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2943 Walton Avenue Los Angeles CA 90007 MLS #24429019

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.

Property Details

Price:
$1,599,000
MLS #:
24429019
Status:
Active
Baths:
0
Address:
2943 Walton Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 17, 2024
State:
CA
ZIP:
90007
Lot Size:
8,102 sqft / 0.19 acres (approx)
Year Built:
1916

Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central

Exterior

Parking Features
Driveway
Parking Spots
0.00

Financial

Map

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