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3915 Walton Ave Los Angeles, CA 90037
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Key Details
Sold Price $1,040,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,314 sqft
Price per Sqft $313
MLS Listing ID 24-377211
Sold Date 07/19/24
Bedrooms 6
Year Built 1929
Lot Size 3,582 Sqft
Acres 0.0822
Property Sub-Type Multi-Family
Property Description
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.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LAR4
Rooms
Other Rooms None
Interior
Heating Natural Gas
Cooling Wall/Window
Equipment Refrigerator
Exterior
Parking Features Parking Space
Garage Spaces 8.0
Building
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with BEVERLY AND COMPANY, INC
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