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$ 1,500,000
Est. payment | /mo
13 Beds
3,660 SqFt
$ 1,500,000
Est. payment | /mo
13 Beds
3,660 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $409
MLS Listing ID CL26792503
Bedrooms 13
HOA Y/N No
Year Built 1911
Lot Size 5,720 Sqft
Acres 0.13
Property Sub-Type OTHER
Property Description
We are pleased to offer for sale a 4-unit, 13-Bedroom student housing community located at 3416-3418.5 Walton Avenue, Los Angeles, CA 90007. The property is situated south of Jefferson Boulevard and west of Vermont Avenue, within the USC Patrol Zone.The property is just 0.4 miles from the USC campus, giving students easy walking or biking access to classes, libraries, and campus amenities. The surrounding neighborhood offers a walkable mix of cafs, restaurants, and everyday conveniences that cater to student life. Residents also benefit from proximity to the Los Angeles Memorial Coliseum, Exposition Park, and strong public transit connections including the I-10 and I-110 Freeways for easy access to Downtown Los Angeles and the broader metro area.Situated on a 5,720-square-foot LARD2-zoned lot, the property presents a significant value-add opportunity for investors. The buyer can potentially add three 4-Bedroom/4-Bathroom ADUs and one 2-Bedroom/2-Bathroom ADU, transforming the asset into an 8-unit, 27-bed USC student housing community.3416-3418.5 Walton Avenue presents investors with an opportunity to acquire and expand a well-positioned USC student housing community within the sought-after USC Patrol Zone.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS.The subject property is being offered in conjunction with the adjacent parcel located at 3417 South Catalina Avenue. Together, these offerings provide investors with enhanced flexibility to pursue a range of development and value-add strategies. The properties are available for acquisition individually or together.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5040019022
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Listed by Sean Rosenzweig • Marcus & Millichap
NEARBY SCHOOLS & PROPERTIES
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