2917 Walton Ave , Los Angeles, CA 90007
$1,650,000
Est. Payment: $8,671.46/mo
12 Bed
8 Bath
0.14 Acres
Status: active | Days on site: 1
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CR-51247 - CR-CV33418
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House Description

Exceptional opportunity to acquire a 5-unit multi-family investment currently operating as student housing walking distance to USC, delivering an impressive 7.37% current CAP Rate and 10.19 GRM, with projected upside to an 8.89% CAP Rate and 8.79 GRM. Currently occupied entirely by USC students, this property offers investors strong day-one cash flow, significant income growth potential, and a desirable location within the USC Department of Public Safety (DPS) Patrol Zone. The property features a unique configuration consisting of a fourplex and a detached rear cottage, with each unit offering a desirable 3-Bedroom/2-Bath floor plan, providing a total of 19 rentable beds. Encompassing approximately 4,584 building square feet on a 6,200 sq. ft. lot. The real advantage is the student rental model. The property is under the Rent Stabilization Ordinance (RSO), which caps rent increases for tenants who stay. Students move out every year, though, so rents reset to market at each turnover. Most RSO buildings fall further behind market every year, while this one can keep its income in line with market rents. Residents also enjoy off-street parking and an onsite laundry facility, amenities that add convenience and enhance the property's appeal to USC students. This property combines strong current financial performance, an attractive bedroom configuration, and substantial rental upside. With a 7.37% current CAP Rate and the potential to achieve an 8.89% CAP Rate at projected market rents, this is a compelling opportunity for investors seeking high-yield student housing in the USC re

Highlights

Listed by Kristopher German , 909-645-0443 RE/MAX 2000 REALTY , 626-956-0188. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

County

Los Angeles

Listing ID

CV26237153

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:8
Air Cond:Wall/Window
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$8,671
Taxes
$1,052

Home Price

$1,650,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$330,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,671.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,671.46 $1,051.88 $0.00 $9,723.34
Yearly $104,057.52 $12,622.50 $0.00 $116,680.02
Total $3,121,725.72 $378,675.00 $0.00 $3,500,400.72

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-11-06T23:30:01.000Z

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