3425 Walton AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,654 sqft
Price per Sqft $603
Subdivision Strong And Dickinson'S Jefferson Street Tract
MLS Listing ID 25553859
Bedrooms 5
HOA Y/N No
Year Built 1923
Lot Size 6,224 Sqft
Lot Dimensions Assessor
Property Description
Welcome to 3425 & 3425 1/2 Walton Avenue, a fully renovated Craftsman-style duplex just 2 blocks from USC and inside the USC DPS patrol zone. Set on a 6,225 sq ft RD2-zoned lot with TOC Tier 3 density bonus, the site offers potential for 8+ units with ADUs (24+ bedrooms) market rate or 35+ units 100% affordable ED1 (buyer to verify). This high-quality investment offers strong immediate cash flow, future development upside, and long-term appreciation in a prime student housing neighborhood. The property features two separate homes: a spacious 4+1 front house and a 1+1 rear unit, both upgraded with laminate/hardwood floors, modern kitchens and baths, copper plumbing, updated electrical and HVAC, and in-unit laundry. There's also off-street parking for up to 6 cars. Can be delivered 100% vacant or Pre-leased for the 2025-26 school year with Front house at $4,150/month and Back unit at $1,895/month. Tenants pay electric, gas, and trash. Owner pays water/sewer, taxes, and insurance. Live in one unit and rent the other, lease both for passive income, or build new in a high-demand rental market. Zoned RD2 with TOC Tier 3, the site offers excellent potential for 8+ units with ADUs (24+ bedrooms) or up to 35+ units if 100% affordable under ED1 (buyer to verify). Just minutes from Exposition Park, the LA Memorial Coliseum, Lucas Museum, and DTLA, this is a rare chance to own a versatile, income-producing asset in one of LA's most strategic locations. Listing agent holds a direct ownership interest in the property.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate,Tile,Wood
Fireplace No
Appliance Dishwasher,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer
Exterior
Parking Features Driveway
Community Features Gated
View Y/N No
View None
Porch Rear Porch,Covered,Front Porch
Total Parking Spaces 6
Building
Faces East
Story 2
Entry Level Two
Foundation Raised
Sewer Other
Architectural Style Craftsman
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5040019025
Security Features Gated Community
Special Listing Condition Standard