2943 Walton Avenue

Los Angeles, CA 90007

About this property

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. 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. Bottom unit is currently vacant and to be delivered vacant for owner occupant or rented for income. 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.

About this property

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. 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. Bottom unit is currently vacant and to be delivered vacant for owner occupant or rented for income. 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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$1,599,000 Active Under Contract
8 Bed(s)
4
Baths
2,858 sqft

Presented By Ann Marie Hammond

Agent Image
Get in touch today! Phone: 1-760-403-5219
License #01161667
Brokerage
Keller Williams Larchmont 323-762-2600
1-323-762-2600
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

C16 Mid Los Angeles | Los Angeles County |

$ 1,599,000
This listing is play_arrow 74.8% higher than the average in the area
$ 915,000 in the area
2,858 SqFt
This listing is play_arrow 9.8% smaller than the average in the area
3,168 SqFt in the area
$ 559 $/SqFt
This listing is play_arrow 93.7% more than the average in the area
$ 289 $/SqFt in the area
447 days on site
This listing is play_arrow 9.1% below the average in the area
492 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Peter Oh
Brokerage: Keller Williams Larchmont 323-762-2600

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Ann Marie Hammond

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.