$10,000 Closing Credit¹
#WS24214327, SOCORRO COMER, Listing Office: CALIFORNIA HOUSES
#CV24195870·
Listing Office: RE/MAX 2000 REALTY·
Listing Agent: Kristopher German·
Listing Office Phone: 909-645-0443
$1,895,000 List price
2917 Walton Ave Los Angeles, CA 90007
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 2917 Walton Ave
JUST REDUCED! 6.83% Current CAP Rate! 11.20 GRM! This prime multi-family investment property, fully occupied by USC students, offers a stable investment opportunity located in the USC patrol zone. The property features 19 beds across 15 bedrooms, consisting of (1) 3-bedroom/2-bath detached single-family residence with a private patio and four (4) 3-bedroom/2-bath units. Two of the units will be delivered vacant at the close of escrow. The current cap rate is 6.83% and GRM is 11.20 with a valuation of $126,333 per bedroom, highlighting the strong cash flow generated from the property. Tenant amenities include a gated entry for added privacy, on-site parking with a total of 8 off-street spaces, and a communal laundry room. This property is ideally suited for investors looking to capitalize on the constant demand from USC students, offering a turn-key solution in a highly sought-after area, with significant rental income and growth potential.
Highlights
Home typeCondominium
StatusActive
Lot size0.1435 Acres
Year built1958
MLS #CV24195870
Summary
- MLS Number: CV24195870
- MLS Name: CRMLS
- Office Name: RE/MAX 2000 REALTY
- Office Phone: (909) 645-0443
- Listing Agent: Kristopher German
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,895,000
2917 Walton Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 06, 2004 | Home Sold | $385,000 |
| Jul 29, 1997 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $536,789 | $7,108 |
| 2023 | $526,267 | $6,984 |
| 2022 | $515,952 | $6,681 |
| 2021 | $505,840 | $6,574 |
| 2020 | $500,506 | $6,389 |
| 2019 | $490,693 | $6,257 |
| 2018 | $481,072 | $6,130 |
| 2017 | $471,640 | $6,130 |
History based on county public records data.
Nearby schools
3
John W. Mack Elementary
Public District KG-5
0.1 mi
•3020 S Catalina St
6
Vermont Avenue Elementary
Public District KG-5
0.2 mi
•1435 W 27th St
3
STEM Preparatory Elementary School
Public Charter KG-5
0.4 mi
•1374 W 35th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,615. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
50%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
21%
Single, with Kids
16%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Popeyes
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2917 Walton Ave
This home is located at 2917 Walton Ave in Los Angeles, CA and zip code 90007 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,895,000.
In February 2025, from all listings sold in Los Angeles, CA there were more than 212 sold above asking price, over 280 sold below and more than 105 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. Listings spent 44 days on the market in February 2025, and had a median list price of $989,396 during the same period.
From Rocket Homes Real Estate and based on county public records data.