Multifamily Property for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90007

Description

Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 4-unit, 13-Bedroom student housing community located at 3416-3418.5 Walton Avenue, Los Angeles, CA 90007. The property is situated south of Jefferson Boulevard and west of Vermont Avenue, within the USC Patrol Zone. The property is just 0.4 miles from the USC campus, giving students easy walking or biking access to classes, libraries, and campus amenities. The surrounding neighborhood offers a walkable mix of cafés, restaurants, and everyday conveniences that cater to student life. Residents also benefit from proximity to the Los Angeles Memorial Coliseum, Exposition Park, and strong public transit connections — including the I-10 and I-110 Freeways — for easy access to Downtown Los Angeles and the broader metro area. Situated on a 5,720-square-foot LARD2-zoned lot, the property presents a significant value-add opportunity for investors. The buyer can potentially add three 4-Bedroom/4-Bathroom ADUs and one 2-Bedroom/2-Bathroom ADU, transforming the asset into an 8-unit, 27-bed USC student housing community. 3416-3418.5 Walton Avenue presents investors with an opportunity to acquire and expand a well-positioned USC student housing community within the sought-after USC Patrol Zone. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. The subject property is being offered in conjunction with the adjacent parcel located at 3417 South Catalina Avenue. Together, these offerings provide investors with enhanced flexibility to pursue a range of development and value-add strategies. The properties are available for acquisition individually or together. Investment Highlights: • Highly coveted student-housing geography with durable rental demand fundamentals • 5,720 SF lot supports the addition of (3) 4Bd/4Ba ADUs and (1) 2Bd/2Ba ADU, potentially transforming the property into an 8-unit, 27-bed student housing community (Buyer to verify) • Within walking distance

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 5.1% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 54 days. Compare it against other multifamily listings for sale in Los Angeles, CA — <a href="/search/sale/multifamily/california/los-angeles">view the full market</a>.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: Consensus Q1 2026 market report.

Its 5.1% asking cap rate is in line with the Greater Los Angeles multifamily market average of about 5.0%.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per Consensus.

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