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Backup Offers

2943 Walton Ave, Los Angeles, CA, 90007

$1,599,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
2,858 SqFt
$559/SqFt
House

Location

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2943 Walton Ave, Los Angeles$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1916
HeatingCentral
CoolingCentral Air
MLS #24429019
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2943 Walton Ave

This is an exceptional opportunity to acquire a Turn Key USC Student Housing. This beautifully restored Victorian home is a well-established, student housing located in the coveted DPS Patrol Zone within close walking distance to the University of Southern California. Offering a total of eight (8) bedrooms and four (4) bathrooms, split into two spacious units. Each unit consists of four (4) bedrooms and two (2) bathrooms, a huge private enclosed front yard for activities providing an ideal living situation for students. Equipped with parking spaces for additional income. Bottom unit is currently vacant and to be delivered vacant for owner occupant or rented for income. Major Value Add opportunity to construct an ADU, offering additional income to increasing cash flow. Don't miss out on this sound investment before the 2026 FIFA World CUP and 2028 Los Angeles Olympics as the home is situated in close proximity to LA Memorial Coliseum. Seller has recently completed painting the exterior and poured new concrete in driveway parking area spending over $45k in improvements, repairs and upgrades.

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 0
  • Living Area: 2,858 SqFt

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Peter Oh

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 2943 Walton Ave
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Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $559/SqFt

Tax Information:

  • Annual Amount: $7,816
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

2943 Walton Ave vs Los Angeles

126 DAYS ON ROCKET

+88 Days

$1,599,000

+$577.4K More

$559/SqFt

-$81 Less

KEY TAKEAWAY

This property is $577.4K more than the Median Sold Price and $81/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24429019

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Peter Oh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 20, 2020Home Sold
$1,275,000
Apr 21, 2010Home Sold
$525,000
Oct 26, 2009Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,816$626,063
2020$7,589$619,644
2019$7,492$607,495
2018$7,336$595,585
2017$7,336$583,908

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-934254
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-934255
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-934256
3
/10

  • STEM Preparatory Elementary School

  • 1374 W 35th St

  • 0.33 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,615. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2943 Walton Ave

What is the listing price of this property?

The listing price of 2943 Walton Ave property is $1,599,000.

What type of property is this?

The property 2943 Walton Ave is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Accepting Backup Offers: 2943 Walton Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,816 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 20, 2020 for $1,275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2943 Walton Ave has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2943 Walton Ave is 2,858 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2943 Walton Ave is 1916.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›2943 Walton Ave

This home is located at 2943 Walton Ave in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 2,858 square foot home, which was built in 1916, sits on a 0.19 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $1,599,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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