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3425 Walton Avenue Los Angeles, CA 90007
$999,000 5 beds, 2 baths
1, 654 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
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Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25553859
List price is $999,000
Beds: 5
Baths: 2
Built in 1923
1,654 sqft
2 stories
0.14 acres
Lot size: 0.1429
Subdivision: STRONG AND DICKINSON'S JEFFERSON STREET TRACT
County: Los Angeles
Property style: Craftsman
Zoning: LARD2
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer
Parking description: Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C34 - Los Angeles Southwest

Last Updated: 6/18/2025

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This listing belongs to the C34 - Los Angeles Southwest MLS area

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The style of this listing is Craftsman.
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Lat/Long: 34.024723, -118.295160.
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Listing Agent: Hooman Ghaffari
Lic#: 01234982
Office Name: Mission Viejo

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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