Property Detail

2917 Walton

Los Angeles CA 90007

$2,250,000

Status: Active

Property Details

Description

This prime multi-family investment property, fully occupied by USC students, offers a stable investment opportunity located in the USC patrol zone. The property features 19 beds across 15 bedrooms, consisting of (1) 3-bedroom/2-bath detached single-family residence with a private patio and four (4) 3-bedroom/2-bath units. Two of the units will be delivered vacant at the close of escrow. The current cap rate is 5.54% with a valuation of $150,000 per bedroom, highlighting the strong cash flow generated from the property. Tenant amenities include a gated entry for added privacy, on-site parking with a total of 8 off-street spaces, and a communal laundry room. This property is ideally suited for investors looking to capitalize on the constant demand from USC students, offering a turn-key solution in a highly sought-after area, with significant rental income and growth potential.

Map Location

Listing provided courtesy of Kristopher German of RE/MAX 2000 REALTY. Last updated 2024-10-04 08:11:44.000000. Listing information © 2024 CRMLS.

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