3915 Walton Ave, LOS ANGELES, CA

$950,000

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6

Beds

4

Baths

3,314

Square feet

0.08

Acres

About 3915 Walton Ave

Welcome to this charming Spanish-style fourplex conveniently located near USC, Exposition Park, Lucas Museum, The Coliseum, and BMO Stadium. This property features two lower and two upper units, including two 2-bedroom 1-bath and two 1-bedroom 1-bath apartments. Each spacious unit offers plenty of natural light, high ceilings, and two parking spots. Plus, there's a separate laundry room and kitchen in every unit, along with individual gas and electric meters. With only a few shared walls and two gated entrances, residents enjoy privacy and peace of mind. Whether you're seeking a personal residence in one or two connected units while garnering rental income from others, or an investor looking to capitalize on the stable income generated by all four current Section 8 tenants, this property presents an enticing opportunity. The neighborhood's popularity among students, coupled with its proximity to USC and the prospect of expanding through neighboring properties, offers both immediate returns and long-term growth potential for discerning investors or developers. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.

Features of 3915 Walton Ave

MLS® # 24-377211
Price $950,000
Units 4
Bedrooms 6
Bathrooms 4.00
Square Footage 3,314
Acres 0.08
Year Built 1929
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 3915 Walton Ave
Area Los Angeles Southwest
City LOS ANGELES
County Los Angeles
State CA
Zip Code 90037

Amenities

Parking Spaces 8
Garages Parking Space
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Wall/Window
Fireplace No
Has Basement No

Additional Information

Date Listed April 26th, 2024
Days on Market 13
Zoning LAR4
Foreclosure No
RE / Bank Owned No
Cap Rate 7.34
Gross Operating Income $83,988
Net Operating Income $73,066

Unit 1 Details

Beds 2
Baths 1.00
Rent $2,061

Unit 2 Details

Beds 2
Baths 1.00
Rent $1,701

Unit 3 Details

Beds 1
Baths 1.00
Rent $1,790

Unit 4 Details

Beds 1
Baths 1.00
Rent $1,447

Listing Details

AgentAnna Kadinowa (01908285)
OfficeChristie's AKG

Listing Map

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