2917 Walton, Los Angeles, CA 90007

$1,895,000

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List Price
$1,895,000
Price Change
▼ $90,000 1784033704
Status
ACTIVE
MLS#
DW26119234
Year Built
1926
Lot Size
6,253
Acres
0.14
Lot Location
Near Public Transit
Days on Market
58
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Strategically located within walking distance to USC, this well-maintained 5-unit investment property offers an excellent opportunity in a HIGHLY DESIRABLE RENTAL MARKET. Excellent income producing property and attractive ROI potential.The property consists of a fourplex plus a detached single-family residence, providing a strong and flexible income-producing portfolio. The units are upgraded and well maintained, low or no maintenace. Ample gated parking and on-site laundry for tenant convenience. Currently serving a USC student rental portfolio, the property offers great income potential and strong demand due to its prime location near USC, public transportation, restaurants, shopping, and other major amenities. If requested, the property may be delivered vacant, allowing a new owner the flexibility to fill the units with their own tenants and establish their preferred rental structure. An excellent opportunity for investors seeking a stabilized or flexible property in a high-demand USC rental corridor. See agent remarks for financing options.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$160,000
Operating Expense
24610

Listing courtesy of Listing Agent: Lourdes Galvez (galvezlourdes@yahoo.com) from Listing Office: Lourdes Galvez, Broker.

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Calculator source: Real Geeks

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.