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$ 1,695,000
Est. payment | /mo
9,405 SqFt
$ 1,695,000
Est. payment | /mo
9,405 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,405 sqft
Price per Sqft $180
MLS Listing ID CL26830365
HOA Y/N No
Year Built 1964
Lot Size 0.261 Acres
Acres 0.2611
Property Sub-Type Other
Property Description
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 6.45% Cap Rate and $180 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
Zoning LAR3
Interior
Heating Forced Air
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4006004022

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Listed by Joshua Cohen • Keller Williams Realty
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Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com






