Los Angeles, CA 90007,3425 Walton Ave
Los Angeles, CA 90007,3425 Walton Ave
Los Angeles, CA 90007,3425 Walton Ave
13
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$999,000
Est. payment /mo
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5 Beds
2 Baths
1,654 SqFt
New

3425 Walton Ave Los Angeles, CA 90007

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,654 sqft

Price per Sqft $603

Subdivision Strong And Dickinson'S Jefferson Street Tract

MLS Listing ID 25553859

Style Craftsman

Bedrooms 5

Year Built 1923

Lot Size 6,225 Sqft

Acres 0.1429

Property Sub-Type Multi-Family

Property Description

Welcome to 3425 & 3425 1/2 Walton Avenue, a fully renovated Craftsman-style duplex just 2 blocks from USC and inside the USC DPS patrol zone. Set on a 6,225 sq ft RD2-zoned lot with TOC Tier 3 density bonus, the site offers potential for 8+ units with ADUs (24+ bedrooms) market rate or 35+ units 100% affordable ED1 (buyer to verify). This high-quality investment offers strong immediate cash flow, future development upside, and long-term appreciation in a prime student housing neighborhood. The property features two separate homes: a spacious 4+1 front house and a 1+1 rear unit, both upgraded with laminate/hardwood floors, modern kitchens and baths, copper plumbing, updated electrical and HVAC, and in-unit laundry. There's also off-street parking for up to 6 cars. Can be delivered 100% vacant or Pre-leased for the 2025-26 school year with Front house at $4,150/month and Back unit at $1,895/month. Tenants pay electric, gas, and trash. Owner pays water/sewer, taxes, and insurance. Live in one unit and rent the other, lease both for passive income, or build new in a high-demand rental market. Zoned RD2 with TOC Tier 3, the site offers excellent potential for 8+ units with ADUs (24+ bedrooms) or up to 35+ units if 100% affordable under ED1 (buyer to verify). Just minutes from Exposition Park, the LA Memorial Coliseum, Lucas Museum, and DTLA, this is a rare chance to own a versatile, income-producing asset in one of LA's most strategic locations. Listing agent holds a direct ownership interest in the property.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall, Wall Electric

Cooling Wall/Window, Wall Unit(s)

Flooring Laminate, Hardwood, Tile

Equipment Dryer, Dishwasher, Ceiling Fan, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Line to Refrigerator

Laundry In Unit, Laundry Area

Exterior

Parking Features Driveway

Garage Spaces 6.0

Waterfront Description None

View Y/N No

View None

Building

Lot Description 2-4 Lots

Story 2

Foundation Raised

Sewer In Street

Water In Street, Water District

Architectural Style Craftsman

Level or Stories Two

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Iconic Investments

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agent

Kami Rahbaran

Agent | RE.S.0190800

+1(702) 927-2797

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3425 Walton Ave