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$935,000
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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.
Full Property Details
Full Property Details for 3425 Walton Ave
General
- Sold For: $935,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25553859
- Added to Site: 213 day(s) ago
Interior
- Cooking Appliances: Gas/Electric Range, Microwave
- Flooring: Laminate, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Low Flow Toilet(s), Shower Stall
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit, Laundry Area
Additional Information
- Security/Safety: Exterior Security Lights, Gated
- Other Features: None
Exterior
- Deck/Patio: Covered Porch, Porch - Front, Porch - Rear
Parking
- Garage Description: Driveway
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Cross Streets: Walton & Jefferson
- Driving Directions: Half block south of Jefferson on Walton between Normandie Avenue and Vermont Avenue.
- Direction Faces: East
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: Wall/Window, Wall Unit(s)
- Heating Type: Wall, Wall Electric
Utilities
- Sewer: In Street
- Water: In Street, Water District
Structural Information
- # Buildings: 2
- Architectural Style: Craftsman
- Basement Desc.: Raised
- Foundation: Raised
- Common Walls: Detached/No Common Walls
- Windows: Double-Pane Windows
- Stories/Levels: 2
- Square Feet: 1,654
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Vendor Enhanced
- Other Struct. Feat.: Full Copper Plumbing, Energy Efficient
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1429
- Lot Size: 6225
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 49 x 127
- Irrigation System: Drip System
- Zoning: LARD2
- Lot Description: 2-4 Lots
Financial Considerations
- Price Per Sq. Ft.: $603.99
- Assessment Year: 1923
- Owner Pays: Water, Gardener
- Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Disclosures and Reports
- Disclosures/Reports: As Is, Owner Is Listing Agent, Owner Has R.E. License, Rent Control
- APN: 5040-019-025
Listed by Iconic Investments, Hooman Ghaffari
Sold by Qian Wei Cindy
Get Pre-Approved Today
Schools
Schools serving 3425 Walton Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
John W. Mack Elementary School 3020 South Catalina Street, Los Angeles, CA 90007 | K-5 | 0.2 mi |
Foshay Learning Center 3751 South Harvard Boulevard, Los Angeles, CA 90018 | 6-12 | 0.8 mi |
Manual Arts Senior High School 4131 South Vermont Avenue, Los Angeles, CA 90037 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3425 Walton Ave
Date
Details
Price
Change
Source
8/01/2025
Sold
$935,000
-6.41%
MLS
6/18/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3425 Walton Ave, Los Angeles, CA 90007 (MLS# 25553859) is a Multi-Family property that was sold at $935,000 on August 01, 2025. Want to learn more about 3425 Walton Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

