Los Angeles, CA 90007 2943 Walton Avenue

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Presented By: Peter Oh with Keller Williams Larchmont;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25541171
  • 05/20/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,858

Home Details

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. Situated on a HUGE 8,100 SF Corner lot 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. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). 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.
Presented By: Peter Oh with Keller Williams Larchmont;

Interior Features for 2943 Walton Avenue

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories

General for 2943 Walton Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsGoogle Maps
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income111600.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8102.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income83700.0
New ConstructionNo
Number Of Units Total2
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1916
ZoningLAR2

Exterior for 2943 Walton Avenue

Building Area Total2858.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.186
Lot Size Area8102.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,395,000
MLS#25541171
List Date 05/20/2025
Property Type Multi-Family
Phone 714.742.6515
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