4227 Walton Avenue, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 3 bath
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Los Angeles, California 90037
This Income-Producing Duplex is a strategic Residential Income Asset listed at $629,000, positioned near its $599,966 Fair Market Value. Situated in a high-demand rental corridor minutes from USC and Exposition Park, the property provides immediate cash flow through existing tenancies. While maintaining a Condition Rating of 5, the 1923-built structure offers a Neighborhood View and Patio, presenting significant potential for forced appreciation through modernization of its 2,090 square feet. This asset is a prudent acquisition for Buy-and-Hold Investors or Value-Add Buyers targeting long-term growth in a prime Los Angeles submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4227 Walton Avenue Subject | $629,000* List Price | 4 | 3 | 2,090 | $287 | - |
A 1361 W Vernon Avenue Sold | $690,000 | 0 | 0 | 1,892 | $365 | 0.3 mi |
B 1323 W 41st Sold | $699,998 | 0 | 0 | 1,807 | $387 | 0.3 mi |
C 1021 W 48th Pending | $699,000 List Price | 5 | 4 | 2,096 | $333 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this 100+ year old property shows no evidence of recent major renovations to kitchens, baths, or core systems. While described as turnkey for investors, the exterior displays deferred maintenance, dated windows, and significant yard clutter, indicating it likely requires substantial rehabilitation to meet modern safety and aesthetic standards.
Situated in the high-demand USC area near Exposition Park and BMO Stadium, the property is positioned in a prime rental corridor with significant long-term appreciation potential.
As a fully tenant-occupied duplex, this property offers a turnkey experience for investors, providing immediate rental income from the day of acquisition.
Priced at $649,000 for over 2,000 square feet of living space, this asset represents a low-cost entry point for a multi-unit residential income property in central Los Angeles.
Built in 1923, the property likely requires ongoing maintenance or capital improvements to modernize century-old systems such as plumbing, electrical, and roofing.
Existing tenancies may complicate immediate owner-occupancy and limit the ability to quickly adjust rents to current market rates under local rent control regulations.
Prime USC Area Opportunity – Income-Producing Duplex in the Heart of 90037 Located just minutes from USC, Exposition Park, BMO Stadium, and the LA Memorial Coliseum, this centrally located property offers a rare opportunity to own in one of Los Angeles’ most dynamic and evolving neighborhoods. Priced attractively at $649,000, this is ideal for buyers seeking long-term upside in a high-demand rental corridor. Property is a duplex with two units, currently tenant-occupied, providing immediate income and a true turnkey investment experience. Each unit offers functional layouts and comfortable living spaces, all situated on a residential street with convenient access to Downtown LA, major freeways (10 & 110), public transportation, and local amenities. Whether you're looking to start or expand your real estate portfolio, secure a foothold near USC, or invest in a location with strong rental demand and future growth potential, this property checks the boxes. A versatile opportunity for buyers looking to hold, income-produce, or explore future possibilities in a prime Los Angeles location.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-2 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 72% |
| Baths | 3.0 | 0.0 | 67% |
| Square foot | 2,090 | 1,958 | 61% |
| Lot Size | 6,000 | 5,419 | 72% |
| Price | $629.0K | $897.5K | 17% |
| Price per sq ft | $301 | $376 | 28% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 202 | 6% |
Apr 30, 2026
$629,000
Initial Listing
Apr 29, 2026
$649,000
Initial Listing
Nov 6, 2023
$650,000
Public Record
Apr 7, 2020
$652,000
Public Record
Feb 2, 2009
$325,000
Public Record