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John Hickey

john.hickey@engelvoelkers.com +1(818) 434-6696

$ 999,000

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3425 Walton AVE Los Angeles, CA 90007

5 Beds

2 Baths

1,654 SqFt

UPDATED:

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

Listed by Hooman Ghaffari Iconic Investments

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

John Hickey

3425 Walton AVE Los Angeles, CA 90007

Key Details

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Interior

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3425 Walton AVE