Los Angeles, CA 90007 3425 Walton Avenue

3425 Walton Avenue Los Angeles, CA - Image 13425 Walton Avenue Los Angeles, CA - Image 23425 Walton Avenue Los Angeles, CA - Image 3
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Presented By: Hooman Ghaffari with Iconic Investments;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25553859
  • 06/18/2025
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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 • 5
  • Baths • 2
  • SQFT • 1,654

Home Details

Welcome to 3425 & 3425 1/2 Walton Avenue, a fully renovated Craftsman-style duplex just 2 blocks from USC and inside the USC DPS patrol zone. Set on a 6,225 sq ft RD2-zoned lot with TOC Tier 3 density bonus, the site offers potential for 8+ units with ADUs (24+ bedrooms) market rate or 35+ units 100% affordable ED1 (buyer to verify). This high-quality investment offers strong immediate cash flow, future development upside, and long-term appreciation in a prime student housing neighborhood. The property features two separate homes: a spacious 4+1 front house and a 1+1 rear unit, both upgraded with laminate/hardwood floors, modern kitchens and baths, copper plumbing, updated electrical and HVAC, and in-unit laundry. There's also off-street parking for up to 6 cars. Can be delivered 100% vacant or Pre-leased for the 2025-26 school year with Front house at $4,150/month and Back unit at $1,895/month. Tenants pay electric, gas, and trash. Owner pays water/sewer, taxes, and insurance. Live in one unit and rent the other, lease both for passive income, or build new in a high-demand rental market. Zoned RD2 with TOC Tier 3, the site offers excellent potential for 8+ units with ADUs (24+ bedrooms) or up to 35+ units if 100% affordable under ED1 (buyer to verify). Just minutes from Exposition Park, the LA Memorial Coliseum, Lucas Museum, and DTLA, this is a rare chance to own a versatile, income-producing asset in one of LA's most strategic locations. Listing agent holds a direct ownership interest in the property.
Presented By: Hooman Ghaffari with Iconic Investments;

Interior Features for 3425 Walton Avenue

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
FlooringLaminate, Tile, Wood
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2
Window FeaturesDoublePaneWindows

General for 3425 Walton Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, GasRange, Microwave, Refrigerator, VentedExhaustFan, Dryer, Washer
Architectural StyleCraftsman
Attached Garage No
Cap Rate5.4
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingWallWindowUnits
CountyLos Angeles
DirectionsHalf block south of Jefferson on Walton between Normandie Avenue and Vermont Avenue.
DisclosuresRentControl
Expected Active Date 2025-06-17
Facing DirectionEast
Full Baths
Garage Y/NNo
Gross Income72300.0
HOANo
HeatingWallFurnace
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6225.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income53430.0
New ConstructionNo
Number Of Units Total2
Patio/Porch FeaturesRearPorch, Covered, FrontPorch
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameSTRONG AND DICKINSON'S JEFFERSON STREET TRACT
Tenant PaysCableTv, Electricity, Gas, TrashCollection
ViewNone
Year Built1923
ZoningLARD2

Exterior for 3425 Walton Avenue

Building Area Total1654.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions49x127
Lot Size Acres0.1429
Lot Size Area6225.0
LotDimensionsSourceAssessor
Number of Buildings2
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $999,000
MLS#25553859
List Date 06/18/2025
Property Type Multi-Family
Phone 714.742.6515
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