2917 Walton, Los Angeles, CA 90007
List Price: $1.9M
Listing Status: Active
Original List Price: $1.99M
0Days on Market: 65
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1926
Lot Size: 6,253 sq ft
Private Pool: Yes
MLS Number: DW26119234
About This Property
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.
Listing provided by: Lourdes Galvez DRE #01439834 562-715-6240 galvezlourdes@yahoo.com, Lourdes Galvez, Broker
Source: CRMLS, MLS #: DW26119234
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.