4312 Walton Avenue, Los Angeles, California 90037, Los Angeles, 90037 - 6 bed, 3 bath
ACTIVE$895,000
4312 Walton Avenue, Los Angeles, California 90037
6Beds
3Baths
1,944Sqft
6,752Lot
Price Vs. Estimate
The estimated value ($895,000) is $0 (0%) lower than the list price ($895,000). This property may be overpriced.
Key pros and cons
Top Pros:
Strong Investment Potential: The property boasts a solid 7.6 cap rate and is described as a 'producing asset,' indicating excellent financial performance and return on investment.
Top Cons:
Age of Property: Built in 1922, the property's age suggests potential for older infrastructure (e.g., plumbing, roof, foundation) that may require significant maintenance or upgrades beyond the updated electrical system.
Compared to the nearby listings
Price:$895.0K vs avg $670.0K (+$225,000)82%
Size:1,944 sqft vs avg 1,495.5 sqft76%
Price/sqft:$460 vs avg $45850%
More Insights
Built in 1922 (103 years old).
Condition: Built in 1922, this property has undergone significant updates that elevate its condition. The description notes 'updated electrical systems,' a crucial improvement for an older home. Images reveal a kitchen with modern stainless steel appliances, white cabinetry, and subway tile backsplash, suggesting a renovation within the last 10-15 years. Bathrooms, while not luxurious, feature updated vanities and clean tiling, making them functional and presentable. The living area benefits from a modern mini-split AC unit and ceiling fan, providing contemporary comfort. Hardwood floors are present in bedrooms. While some older elements like a floor furnace remain, the overall impression is a well-maintained, move-in ready property with key areas updated within the last 5-15 years, aligning with the 'Good' condition criteria.
Year Built
1922
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
$460
HOA
-
Days on market
-
Sold On
-
MLS number
25596771
Home ConditionGood
Features
Patio
View-
About this home
Incredible Duplex stands as a rare blend of charm, function, and investment strength on one of Los Angeles' most beautiful tree-lined streets. This well-maintained duplex delivers a solid 7.6 cap rate with two distinct residences: a spacious four-bedroom, two-bath front home and a two-bedroom, one-bath guest house at the rear. Recent upgrades include updated electrical systems and a full security camera setup for peace of mind. The property also boasts an impressive avocado tree yielding nearly 900 avocados annually, a unique feature that underscores the lifestyle appeal alongside its financial performance. Zoned LAR2, the lot allows for additional value-add potential, whether through expansion, building up, or creative redevelopment. Positioned near USC, the California Science Center, the Coliseum, Exposition Park, and key Olympic venues, this property places you at the crossroads of convenience, culture, and long-term growth. This property is more than a home it is a producing asset with lifestyle perks and future upside, ready for its next chapter of ownership.
Nearby schools
3/10
Normandie Avenue Elementary School
Public,•K-5•0.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.4mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.7mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.8mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.9mi
2/10
Western Avenue Elementary School
Public,•K-5•1.1mi
2/10
Main Street Elementary School
Public,•K-5•1.4mi
3/10
Trinity Street Elementary School
Public,•K-5•1.5mi
/10
Maple Primary Center
Public,•K-1•1.5mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.5mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.7mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.9mi
2/10
John Muir Middle School
Public,•6-8•1.3mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.4mi
3/10
Los Angeles Academy Middle
Public,•6-8•2.0mi
2/10
Audubon Middle School
Public,•6-8•2.0mi
1/10
Horace Mann Junior High School
Public,•6-8•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.5mi
Condition Rating
Good
Built in 1922, this property has undergone significant updates that elevate its condition. The description notes 'updated electrical systems,' a crucial improvement for an older home. Images reveal a kitchen with modern stainless steel appliances, white cabinetry, and subway tile backsplash, suggesting a renovation within the last 10-15 years. Bathrooms, while not luxurious, feature updated vanities and clean tiling, making them functional and presentable. The living area benefits from a modern mini-split AC unit and ceiling fan, providing contemporary comfort. Hardwood floors are present in bedrooms. While some older elements like a floor furnace remain, the overall impression is a well-maintained, move-in ready property with key areas updated within the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Strong Investment Potential: The property boasts a solid 7.6 cap rate and is described as a 'producing asset,' indicating excellent financial performance and return on investment.
Value-Add Potential: Zoned LAR2, the lot offers significant future upside through expansion, building up, or creative redevelopment, allowing for increased property value and income.
Prime Location: Strategically positioned near USC, California Science Center, Coliseum, Exposition Park, and key Olympic venues, ensuring high rental demand and long-term appreciation in a culturally rich area.
Dual Income & Flexible Living: Comprising two distinct residences (4-bed/2-bath front home and 2-bed/1-bath guest house), it provides versatile options for rental income or multi-generational living.
Recent Upgrades & Unique Amenity: Features updated electrical systems and a full security camera setup for enhanced safety, plus a unique avocado tree yielding nearly 900 avocados annually, adding lifestyle appeal.
Cons
Age of Property: Built in 1922, the property's age suggests potential for older infrastructure (e.g., plumbing, roof, foundation) that may require significant maintenance or upgrades beyond the updated electrical system.
Lack of Modern Cooling System: The description does not mention a cooling system (e.g., air conditioning), which could be a significant drawback for tenants or future owners in Los Angeles' climate.
No View: Explicitly stated as having 'None,' the absence of a view might be a minor detractor for some buyers or renters in a market where views can add significant value.