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Listed by Lourdes Galvez, DRE #01439834 • Lourdes Galvez, Broker
$ 1,795,000
Est. payment /mo
Price Dropped by $100K
2917 Walton Los Angeles, CA 90007
6,253 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26119234
Year Built 1926
Lot Size 6,253 Sqft
Source California Regional MLS
Property Description
Exceptional investment opportunity near USC, offering a 9.57% cap rate and potential to increase NOI through strategic improvements and an adaptable lease structure. Located within walking distance of USC in a highly desirable rental market, this well-maintained five-unit property includes a 4,584 SF fourplex plus a detached single-family residence of approximately 1,100 SF. The upgraded units are fully leased and supported by a history of strong occupancy. Features include gated parking and on-site laundry for added tenant convenience. The property benefits from its proximity to USC, public transportation, restaurants, shopping, and major neighborhood amenities. At buyer's request, the property may be delivered vacant, offering flexibility to implement a new leasing strategy and optimize future income. An excellent opportunity for investors seeking stabilized cash flow, value-add potential, and long-term demand in the USC rental corridor. See Agent Remarks for financing options.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5054035020
Special Listing Condition Not Applicable
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