3105 Walton Avenue

Los Angeles, CA 90007

$2,300,000
Price
11
Beds
11
Baths
5,264 Sq. Ft.
$437 / Sq. Ft.
5,264
Sq. Ft.
$437
per Sq. Ft.

Description

Excellent Investment Opportunity in a fantastic location 2 blocks from McCarthy Quad and the USC campus . All new interiors in high demand area, Extremely safe location for student rentals all year round. Close to downtown and Grand Central Market via the 110 Freeway. Easy access to the 10 Freeway and the 405 freeway. Direct access to LAX, Beaches and Beverly Hills via 10 West. Close to SoFi, BMO Stadium and the LA Memorial Coliseum. Hidden away from rush hour traffic. Perfect for long time tenants.Excellent Investment Opportunity in a fantastic location 2 blocks from McCarthy Quad and the USC campus . All new interiors in high demand area, Extremely safe location for student rentals all year round. Close to downtown and Grand Central Market via the 110 Freeway. Easy access to the 10 Freeway and the 405 freeway. Direct access to LAX, Beaches and Beverly Hills via 10 West. Close to SoFi, BMO Stadium and the LA Memorial Coliseum. Hidden away from rush hour traffic. Perfect for long time tenants.
  1. Listed by William Gibson • DRE #02104028 • Brokerage DRE #01834648 • Heyler Realty
  2. Listed by Jerol Crawford • DRE #01331482 • Jerold Crawford

Property Details for 3105 Walton Avenue

Water Front
None
Zoning
LARD2
Accessibility Features
36 Inch Or More Wide Halls, Grab Bars In Bathroom(s)
Parcel Number
5040024013
Total Units
4.0
Living Area
5264
Source Living Area
Assessor
Area
Mid Los Angeles (C16)

Location

Listing Courtesy of Heyler Realty, William Gibson, DRE #02104028; Jerold Crawford, Jerol Crawford, DRE #01331482
Add your commute
LISTING UPDATED: 04/08/2024 10:41 AM

Property Details for 3105 Walton Avenue

StatusActive
MLS #24-347469
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2008
Lot Size0.14 AC / 6,252 SF
CountyLos Angeles County

Location

Listing Courtesy of Heyler Realty, William Gibson, DRE #02104028; Jerold Crawford, Jerol Crawford, DRE #01331482
Add your commute

Building Information for 3105 Walton Avenue

Stories2Residences-Year Built2008Building Size-Lot Size0.14 AC / 6,252 SF

Payment Calculator

$14,004 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$1,452

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3105 Walton Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Pets Allowed: Pets Permitted
  • Association Amenities: Trash, Sewer
  • Association Fees Include: Trash, Sewer
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Seller
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 4
  • View: No
  • View Description: None
  • View: None
  • Security Features: Fire and Smoke Detection System, Leased, Gated, Fire Sprinklers, Smoke Detector, Owned, Carbon Monoxide Detector(s), Exterior Security Lights, Fire Rated Drywall, Firewall(s), Other, Prewired for alarm system, T.V.
  • Direction Faces: South
  • Property Condition: New Construction
  • Water: District, Meter on Property
  • Sewer: In Street Paid
  • Water Heaters: Yes
  • ADA Compliance: Yes
  • Additions Alterations: No
  • Water Heater Features: Gas, Tankless
  • Building Permit: Yes
Contract Info
Contract Info
  • Disclosures: Building Plans Available, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $129,154
  • Net Operating Income: $118,292.00
  • Gross Income: $162,000
  • Cap Rate: 5.20%
  • Gross Rent Multiplier: $171,720.00
  • Actual Annual Gross Rent: $133,776.00
  • Actual Gross Annual Income: $162,000
  • Garage Income: $1,200
  • Actual Rent Total: $11,198.00
  • Vacancy Allow Dollar: $1,995.00
  • Owner Pays: Gardener, Water, Gas, Electricity
  • Total Annual Expense: 40624
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Full, Gross
  • Land Lease Amount Per Year: $162,000.00
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1435
  • Lot Size Square Feet: 6252
  • Lot Size Dimensions: 50x125
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Corners Marked, Front Yard, Lawn, Rectangular Lot, Utilities - Overhead
  • Lot Description: Alley Paved, Corners Established, Curbs, Fenced, Fenced Yard, Front Yard, Firewall(s), Gutters, Lawn, Lot-Level/Flat, Lot Shape-Rectangular, Sidewalks, Single Lot, Storm Drains, Street Asphalt, Street Lighting, Street Paved, Utilities - Overhead
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 6
  • Open Other Spaces Total: 6
  • Parking Features: Assigned
Interior Features
Interior Features
  • Room Type: Utility Room, Walk-In Closet, Living Room
  • Rooms: Utility Room, Walk-In Closet, Living Room
  • Levels: Two
  • Fireplace Features: Bath, Dining Room, Gas, Living Room, Primary Bedroom
  • Fireplace Rooms: Bath, Dining, Gas, Living Room, Master Bedroom
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central, Fireplace(s)
  • Heating Type: Central, Fireplace
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Equipment: Alarm System, Cable, Dryer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer
  • Room Kitchen Features: Formica Counters
  • Kitchen Features: Formica Counters, Skylight(s)
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • Cooking Appliances: Built-In And Free Standing, Oven-Gas, Oven, Gas
  • Laundry: In Unit, Inside, In Kitchen
  • Laundry Equipment: Own
  • Disability Access: 36 inch or more wide halls, DisabilityAccess, Grab Bars In Bathroom(s)
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Entry Location: Ground Level - no steps
  • Windows: Double Pane Windows, Vertical Blinds, Screens, Skylights
  • New Construction: Yes
  • Construction Materials: Concrete, Frame
  • Exterior Construction: Concrete, Frame, Hard Coat
  • Other Structural Features: Balcony, Custom Built, Energy Efficient, Full Copper Plumbing
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-16-2024
  • Rent Control: No
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,684.00
  • Unit Actual Rent: $11,148.00
  • Unit Projected Rent: $3,831.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,632.00
  • Unit Actual Rent: $11,148.00
  • Unit Projected Rent: $3,777.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,832.00
  • Unit Actual Rent: $11,148.00
  • Unit Projected Rent: $4,061.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,995.00
  • Unit Actual Rent: $11,148.00
  • Unit Projected Rent: $2,115.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 3
  • Number of Dishwasher: 0
  • Number of Disposal: 4
  • Number of Drapes: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 3
  • Number Patio: 0
  • Number Range: 4
  • Number Refrigerator: 4
  • Number Rented Garages: 0
  • Number Wall AC: 0
  • Number Water Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $845,878.00
  • Assessed Improvement Percent: 60.53
  • Assessed Land Value: $551,670.00
  • Assessed Land Percent: 39.47
  • Assessed Total Value: $1,397,548.00

Property History for 3105 Walton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3105 Walton Avenue

Taxable ValueLand$551,670Additions$845,878Total$1,397,548
Tax Record2023$17,425 ($1,452 / month)
Home Facts
Total Finished SqFt5,264 SqFtAbove Grade Finished SqFt5,264 SqFtLot Size6,250 SqFtStyleTriplexYear Built2008ZoningLARD2CountyLOS ANGELESAPN5040-024-013

Schools near 3105 Walton Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
John W. Mack Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3105 Walton Avenue is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on January 14, 2024 by Heyler Realty, it's currently listed at $2,300,000. It has been on the market for a total of 100 days and was last sold on July 20, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include John W. Mack Elementary School, Foshay Learning Center and Manual Arts Senior High School. 3105 Walton Avenue is a 11-bed, 11-bath, 5,264 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heyler Realty, William Gibson, DRE #02104028; Jerold Crawford, Jerol Crawford, DRE #01331482

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.