6214 S Victoria Avenue, Los Angeles, CA 90043
- $1,595,000
- 13
- BD
- 14
- BA
- 9,405
- SqFt
- List Price
- $1,595,000
- Price Change
- ▼ $100,000 1785212638
- Status
- ACTIVE
- MLS#
- 26830365
- Year Built
- 1964
- Bedrooms
- 13
- Bathrooms
- 14
- Living Sq. Ft
- 9,405
- Lot Size
- 11,373
- Acres
- 0.26
- Days on Market
- 82
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Price just reduced $100,000! We are proud to introduce an exceptional multifamily investment opportunity: a 12 unit value add asset located at 6214 South Victoria Avenue in the vibrant Hyde Park neighborhood. This offering presents significant upside potential, with projected rental upside of approximately 38%, all while being offered at an attractive 6.52% Cap Rate and $169 per sf, a compelling combination for investors seeking both stability and growth. Property highlights include: 12 Units Total (2) spacious 2 Bed / 2 Bath units, (9) well appointed 1 Bed / 1 Bath units, and (1) Studio. 9,405 SF Building featuring front balconies, generous floor plans, and one parking space per unit. Additional Income Stream from onsite, leased laundry facilities. Strong Building Systems with individual gas & electric meters, and completed soft story seismic retrofit. LOCATION ADVANTAGES: With a Walk Score of 74, residents enjoy convenient access to daily essentials, neighborhood amenities, and local retail, many within walking distance. The property is ideally positioned near public transit, including the nearby Metro line, and is surrounded by schools and community resources serving Hyde Park and Leimert Park. This connectivity enhances tenant demand and long term rental performance.
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Additional Information
- Heat
- Forced Air
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 12
Listing courtesy of Listing Agent: Joshua Cohen (Josh@cohengroupla.com) from Listing Office: Keller Williams Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.