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3915 Walton Ave, Los Angeles, CA 90037
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3915 Walton Ave Los Angeles, CA 90037

$950,000
  • 13 Beds
  • 10 Baths
  • 3,314 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified
Map preview of 3915 Walton Ave, Los Angeles, CA 90037

Property Overview: 3915 Walton Ave Los Angeles, CA has 13 bedrooms, 10 bathrooms, 3,314 living square feet and 3,582 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this charming Spanish-style fourplex conveniently located near USC, Exposition Park, Lucas Museum, The Coliseum, and BMO Stadium. This property features two lower and two upper units, including two 2-bedroom 1-bath and two 1-bedroom 1-bath apartments. Each spacious unit offers plenty of natural light, high ceilings, and two parking spots. Plus, there's a separate laundry room and kitchen in every unit, along with individual gas and electric meters. With only a few shared walls and two gated entrances, residents enjoy privacy and peace of mind. Whether you're seeking a personal residence in one or two connected units while garnering rental income from others, or an investor looking to capitalize on the stable income generated by all four current Section 8 tenants, this property presents an enticing opportunity. The neighborhood's popularity among students, coupled with its proximity to USC and the prospect of expanding through neighboring properties, offers both immediate returns and long-term growth potential for discerning investors or developers. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.

Listed by Anna Kadinowa | BRE #01908285 | Christie's AKG
Co-listed by Kirby Gillon | BRE #01960253 | Christie's AKG
Last checked: 14 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
3,582
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24377211
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,061
  • Total Rent: $2,061
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $1,790
  • Pro Forma/Market Rent: $1,790
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,701
  • Total Rent: $1,701
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,447
  • Total Rent: $1,447
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.34%
  • Gross Rent Multiplier: 11.31
  • Gross Scheduled Income: --
  • Net Operating Income: $73,066
  • Gross Operating Income: $83,988
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3915 Walton Ave

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Property Details for 3915 Walton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Parking Space
Property Information
  • Total # of Units: 4
  • Parcel Number: 5037020033
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 3915 Walton Ave

Last sold for $292,500 on December 8th, 2009

  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: 24377211

    $950,000

    Price

  • December, 2009

  • Dec 8, 2009

    Date

    Sold (Public Records)

    Public Records

    $292,500

    Price

  • May, 2008

  • May 19, 2008

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

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Tax History for 3915 Walton Ave

Assessed Value (2020): $345,226
Year Land Value Improved Value Assessed Value
2020 $236,053 $109,173 $345,226

Home Value Compared to the Market

This property vs the competition

3915 Walton Ave is listed 23.94% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $286.66 per/sqft which puts the price per square foot 62.96% lower than the median price per square foot for the city of Los Angeles.

About 3915 Walton Ave

Detailed summary of property

3915 Walton Ave is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 13 bedrooms, 10 bathrooms, roughly 3,314 living square feet, and sits on an approximately 3,582 square foot lot. 3915 Walton Ave was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $950,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 23.94% lower than the median priced home. Local competing homes currently for sale include 1420 W 39th St, 1492 W 35th Pl and 3734 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 93 days, 3915 Walton Ave has a days on market of 13 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3915 Walton Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3915 Walton Ave

Public county record property details
Beds
5
Baths
4
Year built
1929
Sq. Ft.
3,314
Lot Size
3,581
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5037-020-033

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Recently Sold Homes Near 3915 Walton Ave

3919 Walton Ave, Los Angeles, CA 90037
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4 Baths
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3919 Walton Ave
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3854 Walton Ave, Los Angeles, CA 90037
$568,000 Last Sold Price
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3854 Walton Ave
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722 Baths
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$550,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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