This is an exceptional opportunity to acquire a Turn Key USC Student Housing. This beautifully restored Victorian home is a well-established, student housing located in the coveted DPS Patrol Zone within close walking distance to the University of Southern California. Situated on a HUGE 8,100 SF Corner lot offering a total of eight (8) bedrooms and four (4) bathrooms, split into two spacious units. Each unit consists of four (4) bedrooms and two (2) bathrooms, a huge private enclosed front yard for activities providing an ideal living situation for students. Equipped with parking spaces for additional income. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). Major Value Add opportunity to construct an ADU, offering additional income to increasing cash flow. Don't miss out on this sound investment before the 2026 FIFA World CUP and 2028 Los Angeles Olympics as the home is situated in close proximity to LA Memorial Coliseum. Seller has recently completed painting the exterior and poured new concrete in driveway parking area spending over $45k in improvements, repairs and upgrades.
For sale
$1,395,000
2943 Walton Ave, Los Angeles, CA 90007
8beds
4baths
2,858sqft
Est.:
Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$488/sqft
$-- HOA
What's special
Beautifully restored victorian homeSpacious units
- 1 day
- on Zillow |
- 105 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 09:06am
Listed by:
Peter Oh DRE # 01925937 213-505-0102,
Keller Williams Larchmont 323-762-2600,
Myron Bang DRE # 01994820 858-722-3041,
Keller Williams Larchmont
Source: CLAW,MLS#: 25541171

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Freezer, Range/Oven, Refrigerator
Interior area
- Total structure area: 2,858
- Total interior livable area: 2,858 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 8,102.16 Square Feet
Details
- Additional structures: None
- Parcel number: 5054035015
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1916
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $488/sqft
- Tax assessed value: $651,355
- Annual tax amount: $8,453
- Date on market: 5/20/2025
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