
Los Angeles, California 90037
This Prime Income-Generating Duplex represents a High-Potential Investment Opportunity with a List Price of $684,777, reflecting a stable entry point at its $684,777 Fair Market Value. Currently holding a Functional Condition Rating, the asset delivers immediate cash flow from fully occupied units situated minutes from USC and the LA Coliseum. The generous 6,000-square-foot lot offers significant value-add potential through future expansion or ADU development in a high-demand corridor. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4227 Walton Avenue Subject | $660,000* List Price | 0 | 0 | 2,090 | $316 | - |
A 1323 W 41st Sold | $699,998 | 0 | 0 | 1,807 | $387 | 0.3 mi |
B 725 727 W 50th Street Sold | $625,000 | 0 | 0 | 1,916 | $326 | 0.8 mi |
C 916 W 53rd St Street Sold | $805,000 | 0 | 0 | 2,012 | $400 | 0.9 mi |
D 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 moderate renovation needed.
Built in 1923, this duplex is functional and currently occupied, but shows clear signs of age and outdated features. The kitchens contain older cabinetry and appliances, while the living areas feature dated wall heaters and basic light fixtures. While the property appears maintained through regular upkeep, it has not undergone a recent comprehensive renovation and requires cosmetic and system updates to meet modern standards.
Situated minutes from USC, the LA Memorial Coliseum, and Exposition Park, the property is located in a high-demand rental corridor with consistent tenant interest from students and professionals.
The duplex is fully occupied and rented, providing a turnkey opportunity for investors to generate rental income from day one without the need for immediate tenant placement.
The generous 6,000-square-foot lot offers significant space for potential future expansion or the addition of an Accessory Dwelling Unit (ADU) to further increase the property's value and yield.
Originally built in 1923, the property may require capital expenditures for repairs or upgrades to century-old systems, which is a common consideration for homes of this vintage.
Many of the assigned middle and high schools in the immediate area have low performance ratings, which could potentially limit the long-term appeal for families with school-aged children.
Investor Opportunity Near LA Coliseum & USC – Fully Rented Duplex in Prime Location Discover a prime income-generating opportunity in the heart of Los Angeles! This charming duplex at 4227 Walton Ave is fully occupied, offering immediate rental income from day one. Located just minutes from the Los Angeles Memorial Coliseum, University of Southern California (USC), and a wide variety of local attractions, this property is ideal for investors seeking a solid hold in a dynamic and appreciating market. Each unit offers comfortable living with thoughtful layouts, and the property is situated on a quiet residential street with easy access to major transportation routes. Whether you're looking to expand your portfolio, enjoy steady cash flow, or secure a property near some of LA’s most iconic venues, this duplex is a standout option. Enjoy the benefits of a high-demand rental location, close to educational, cultural, and entertainment hubs, including Exposition Park, BMO Stadium, and museums. This is a rare chance to hold in an area poised for continued growth and strong rental demand. Don't miss this opportunity to own a performing asset in a vibrant part of Los Angeles. Showings available by appointment only – please do not disturb occupants.
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 | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,090 | 2,012 | 58% |
| Lot Size | 6,000 | 5,461 | 68% |
| Price | $660.0K | $855.0K | 16% |
| Price per sq ft | $316 | $387 | 26% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 356 | 247 | 89% |
Apr 15, 2026
$660,000
$684,777
-4% Price Drop
Initial Listing
Aug 14, 2025
$684,777
Initial Listing
May 1, 2025
$750,000
Initial Listing
Nov 6, 2023
$650,000
Public Record
Apr 7, 2020
$652,000
Public Record
Feb 2, 2009
$325,000
Public Record