3416-3418 Walton Ave - Apartments FOR SALE


Los Angeles, CA 90007- South Central LA
$1,500,000 USD
213-943-1897
3416-3418 Walton Ave, Los Angeles, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/5
null | 5.06% Cap Rate

3416-3418 Walton Ave
Los Angeles, CA 90007
South Central LA


HIGHLIGHTS

  • Highly coveted student-housing geography with durable rental demand fundamentals
  • 5,720 SF lot can support (3) 4Bd/4Ba ADUs and (1) 2Bd/2Ba ADU, creating an 8-unit, 27-bed student housing community (Buyer to verify)
  • Walking distance to USC, cafés, restaurants, and entertainment; minutes from DTLA, the Coliseum, and Exposition Park
  • The 2028 Olympics is expected to boost LA's real estate market through infrastructure upgrades, neighborhood improvements, & nearby venue enhancement
  • LA's new RSO rent cap should minimally impact USC student housing, which resets to market rate with annual turnover

OVERVIEW

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 4-unit, 13-Bedroom student housing community located at 3416-3418.5 Walton Avenue, Los Angeles, CA 90007. The property is situated south of Jefferson Boulevard and west of Vermont Avenue, within the USC Patrol Zone. The property is just 0.4 miles from the USC campus, giving students easy walking or biking access to classes, libraries, and campus amenities. The surrounding neighborhood offers a walkable mix of cafés, restaurants, and everyday conveniences that cater to student life. Residents also benefit from proximity to the Los Angeles Memorial Coliseum, Exposition Park, and strong public transit connections — including the I-10 and I-110 Freeways — for easy access to Downtown Los Angeles and the broader metro area. Situated on a 5,720-square-foot LARD2-zoned lot, the property presents a significant value-add opportunity for investors. The buyer can potentially add three 4-Bedroom/4-Bathroom ADUs and one 2-Bedroom/2-Bathroom ADU, transforming the asset into an 8-unit, 27-bed USC student housing community. 3416-3418.5 Walton Avenue presents investors with an opportunity to acquire and expand a well-positioned USC student housing community within the sought-after USC Patrol Zone. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. The subject property is being offered in conjunction with the adjacent parcel located at 3417 South Catalina Avenue. Together, these offerings provide investors with enhanced flexibility to pursue a range of development and value-add strategies. The properties are available for acquisition individually or together.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$410 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

5.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-Unit, 13-Bed USC Student Housing Community

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,720 SF

ZONING

LARD2

APN/PARCEL ID

5040-019-022

ASK ABOUT THIS PROPERTY

Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

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Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.