2943 Walton Avenue

Los Angeles, CA 90007

$1,599,000

List Price

8

bed Beds

4

shower Baths

2,858 sqft

straighten / sqft

1916

calendar_month Built

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. 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.

Listing Information

List Price $1,599,000
Status Active
MLS 24429019
Type Residential Income
Year Built 1916
Lot Size 8,102
Structure Size 2,858
DOM 14
Courtesy Of Keller Williams Larchmont
Listing Agent Peter Oh DRE#01925937
Co-Listing Agent Myron Bang DRE#01994820

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Peter Oh, Myron Bang, Keller Williams Larchmont . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.