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3919 Walton Ave, Los Angeles, CA 90037
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3919 Walton Ave Los Angeles, CA 90037

$1,050,000 Sold Price as of 12/29/2023
  • 6 Beds
  • 4 Baths
  • 3,314 Sq.Ft.
Sold
$1,050,000 Sold Price as of 12/29/2023 Refinance Your Mortgage
Map preview of 3919 Walton Ave, Los Angeles, CA 90037

Property Overview: 3919 Walton Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,314 living square feet and 3,582 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this charming Spanish architectural fourplex, just 3 blocks away from USC, Exposition Park, the New Lucas Museum, The Coliseum, and the BMO Stadium. This well-maintained building offers two lower and two upper, single-level homes with spacious living spaces and private laundry rooms. Each unit receives plenty of natural light and fresh air with three exposures and limited common walls for added privacy and reduced noise transfer. Parking is never an issue with 8 parking spaces available. Each unit is separately metered for gas and electricity. This fourplex presents an exciting opportunity to increase rents and add value. With some updates already completed, there is room for further improvements to attract higher-paying tenants and maximize rental income. The neighborhood's popularity among students and its proximity to USC make this fourplex an ideal investment. Additionally, there is potential for development, as the property is located in a burgeoning neighborhood with the possibility of acquiring neighboring properties for expansion. With the area experiencing growth and revitalization, developers and investors will find this property appealing. Take advantage of the increasing demand for housing by exploring options such as adding units, converting existing units into larger living spaces, or other development possibilities. This property offers flexibility and potential for those looking to capitalize on the growing market.

Listed by Nili Hudson | BRE #00910893 | Compass
Last checked: 7 minutes ago | Last updated: December 30th, 2023 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
3,582
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23328685
City
Los Angeles
County
Los Angeles
Time on Site
239 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: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,321
  • Total Rent: $1,321
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,180
  • Total Rent: $1,180
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.03%
  • Gross Rent Multiplier: 15.23
  • Gross Scheduled Income: --
  • Net Operating Income: $44,101
  • Gross Operating Income: $71,892
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $922
  • New Taxes: $13,688
  • Gardener: $475
  • Insurance: $2,646
  • Maintenance: $3,954
  • Professional Management: $3,346
  • Water/Sewer: $2,761

Property Details for 3919 Walton Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • Center Hall
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: Rectangular Lot
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5037020034
  • Architectural Style: Spanish
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: West of Vermont, East of Normandie, South of Exposition, North of 39th Place
View more facts & features

Local Los Angeles Agent

Sale History for 3919 Walton Ave

Last sold for $1,050,000 on December 29th, 2023

  • December, 2023

  • Dec 29, 2023

    Date

    Sold

    CRMLS: 23328685

    $1,050,000

    Price

  • Nov 6, 2023

    Date

    Active

    CRMLS: 23328685

    $1,095,000

    Price

  • August, 2021

  • Aug 31, 2021

    Date

    Leased

    CRMLS: SB21183470

    $1,895

    Price

  • Aug 19, 2021

    Date

    Active

    CRMLS: SB21183470

    $1,895

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this 2 bedroom, 2 bathroom apartment. This large, top-floor unit is approximately 1,100 sq feet and features a washer and dryer INSIDE the unit as well as 2 parking spaces (tandem). The living room has large windows and recessed lighting and the kitchen is equipped with a refrigerator and stove/oven range. Located near USC, LA Memorial Coliseum, Natural History Museum, and downtown Los Angeles.

  • July, 2021

  • Jul 16, 2021

    Date

    Leased

    CRMLS: SB21137540

    $1,595

    Price

  • Jun 24, 2021

    Date

    Active

    CRMLS: SB21137540

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    Cozy 1 bedroom, 1 bathroom second level apartment in Los Angeles! Unit features an entry closet, a spacious and open kitchen with a stove, and living room ceiling fan. A washer and dryer are neatly tucked away in the laundry closet for your convenience! Plenty of storage space in the closets. Located just a few blocks from USC, Harbor Fwy, LA Memorial Coliseum, California Science Center, food, shopping and more!

  • October, 2014

  • Oct 21, 2014

    Date

    Sold (Public Records)

    Public Records

    $680,000

    Price

  • July, 2014

  • Jul 25, 2014

    Date

    Price Change

    CRMLS: 14780667

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Located 3 short blocks from the campus of the University of Southern California, this Spanish architectural four-plex located at 3919 WaltonAvenue consists of two 1 bed 1 bath units and two 2 bed 1 bath units. The neighborhood is increasingly populated by students due to itswalking distance from campus. There are 8 tandem parking spaces, and units are separately metered for gas and electricity. 2 of the 4 units are Section 8 HUD tenants. The asset is ideal for an investor seeking long-term fixed rate financing with the potential for high-end student housing.

  • December, 2009

  • Dec 11, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3919 Walton Ave

Assessed Value (2020): $747,276
Year Land Value Improved Value Assessed Value
2020 $527,489 $219,787 $747,276

Home Value Compared to the Market

This property vs the competition

3919 Walton Ave sold on December 29, 2023 for 14.05% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $330.42 per/sqft which puts the price per square foot 58.23% lower than the current median sale per square foot for the city of Los Angeles.

About 3919 Walton Ave

Detailed summary of property

3919 Walton Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,314 living square feet, and sits on an approximately 3,582 square foot lot. 3919 Walton Ave was first listed on ArdentRealEstateGroup.com on November 7, 2023. The homeowner sold the property for $1,050,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.05% lower than the current median priced home. Local homes that are currently for sale include 1719 W 35th St, 533 W 49th St and 1466 W 22nd St. While the average home in Los Angeles, CA is selling in 100 days, 3919 Walton Ave has a days on market of 18 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3919 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 3919 Walton Ave

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
3,314
Lot Size
3,582
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5037-020-034

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
$725,000
Median List Price/Sq.Ft.
$483
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
30
Median Sale to List Price %
103.45%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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Recently Sold Homes Near 3919 Walton Ave

3854 Walton Ave, Los Angeles, CA 90037
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2 Baths
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3854 Walton Ave
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1127 W 39th St, Los Angeles, CA 90037
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3844 Walton Ave, Los Angeles, CA 90037
$525,000 Last Sold Price
2 Beds
2 Baths
-- Sq.Ft.
3844 Walton Ave
Los Angeles, CA 90037

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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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