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    2943 Walton Avenue

    Los Angeles (City), CA 90007
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 110 days
    • ID#: 20564724
    Under Contract
    UPDATED: 30 min ago
    $1,250,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    6.5% CAP on Actual! This is an excellent investment opportunity for someone interested in student housing! The subject property is a beautifully restored Victorian home that has a total of 8 Bedrooms and 4 Bathrooms with monthly rent of $9,334. The house is split into two units with one unit on the ground floor and the other unit on the second level. Each unit contains 4 bedrooms and 2 bathrooms. The house was completely renovated in 2010 that included upgrading the kitchen, installing hardwood floors, central A/C,a large front porch, second story balcony and much more! There are additional income for parking. The property has been professionally managed for several years and is an established student housing location. DO NOT DISTURB TENANTS! DRIVE BY ONLY! **This Property can be purchase along with 1460 W 28th St, Los Angeles. CA as a portfolio sale. Please contact listing agent for more information.**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T21:29:21.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

    www.playavistaliving.com/homes/104247212
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    2943 Walton Avenue Los Angeles (City), CA 90007

    • Price: $1,250,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • ID#: 20564724
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1916
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    6.5% CAP on Actual! This is an excellent investment opportunity for someone interested in student housing! The subject property is a beautifully restored Victorian home that has a total of 8 Bedrooms and 4 Bathrooms with monthly rent of $9,334. The house is split into two units with one unit on the ground floor and the other unit on the second level. Each unit contains 4 bedrooms and 2 bathrooms. The house was completely renovated in 2010 that included upgrading the kitchen, installing hardwood floors, central A/C,a large front porch, second story balcony and much more! There are additional income for parking. The property has been professionally managed for several years and is an established student housing location. DO NOT DISTURB TENANTS! DRIVE BY ONLY! **This Property can be purchase along with 1460 W 28th St, Los Angeles. CA as a portfolio sale. Please contact listing agent for more information.**
    Exterior Features

    Lot Size Units Square Feet Parking Features DrivewayStreet Parking YN Yes

    Interior Features

    Appliances DishwasherDisposalRefrigerator Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Gross Income 112008.00 Gross Multiplier 11.04 Gross Operating Income 113208.00 Net Operating Income 81169.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lar2

    Listing provided courtesy of Michael R. Fukushima of Keller Williams Downtown La and Stephen F. Watson of Keller Williams Downtown La


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T21:29:21.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

     
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