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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,595,000

Est. payment | -/mo

13 Beds

14 Baths

9,405 SqFt

Save

$ 1,595,000

Est. payment | -/mo

Save

13 Beds

14 Baths

9,405 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,405 sqft

Price per Sqft $169

MLS Listing ID 26830365

Bedrooms 13

HOA Y/N No

Year Built 1964

Lot Size 0.261 Acres

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 12

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4006004022

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Joshua Cohen Keller Williams Realty #01346713

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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6214 S Victoria AVE Los Angeles, CA 90043