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    6402 S Victoria Ave

    Los Angeles, CA 90043
    • $1,985,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 20-619500
    UPDATED: 22 min ago
    $1,985,000
    • 15
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,093
      SQFT
    • $245
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Prime 10 Unit income producing apartment building located in Hyde Park, blocks from Inglewood, less than 2 miles from the soon to be completed NFL stadium, and in close proximity to Crenshaw Blvd. & LA's newest Metro Line. Rents provide strong stable income w/huge upside potential & an ideal unit mix of 1 & 2 bedroom units allows for low vacancy. Recent upgrades to property include new commercial water heater installation, landscaping, 4 renovated units w/laminate floors, & assorted interior upgrades as needed. Building amenities include electric gate opener w/secured entry & gated on-site parking w/9 spaces, on-site laundry for additional income, and separate meters for gas & electric. City of LA Mandatory Earthquake Retrofitting was COMPLETED w/City Permits & Final received. Excellent opportunity to add Los Angeles income producing property to one's portfolio. Do Not Walk Property. Showings with accepted offer only.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T06:42:50.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109083229
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    6402 S Victoria Ave Los Angeles, CA 90043

    • Price: $1,985,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 20-619500
    15
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    8,093
    SQFT
    $245
    $/SQFT
    1962
    Built
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    Property Description
    Prime 10 Unit income producing apartment building located in Hyde Park, blocks from Inglewood, less than 2 miles from the soon to be completed NFL stadium, and in close proximity to Crenshaw Blvd. & LA's newest Metro Line. Rents provide strong stable income w/huge upside potential & an ideal unit mix of 1 & 2 bedroom units allows for low vacancy. Recent upgrades to property include new commercial water heater installation, landscaping, 4 renovated units w/laminate floors, & assorted interior upgrades as needed. Building amenities include electric gate opener w/secured entry & gated on-site parking w/9 spaces, on-site laundry for additional income, and separate meters for gas & electric. City of LA Mandatory Earthquake Retrofitting was COMPLETED w/City Permits & Final received. Excellent opportunity to add Los Angeles income producing property to one's portfolio. Do Not Walk Property. Showings with accepted offer only.
    Exterior Features

    Covered Parking 4 Cross Streets Victoria Ave. Between Hyde Park Blvd. And Slauson Garage Structures Total 0 Levels Two Lot Size Area 9468 Other Structures None Parking Garage Carport Attached Pool Description None Pool YN No Spa None Spa YN No Style Low Rise Tennis Court None Tennis YN No Total Parking 9 View Description None View YN No

    Interior Features

    Baths Total 12.00 Common Walls Attached Cooling None Equipment Garbage Disposal Fireplace Rooms None Flooring LaminateCarpetCeramic Tile Heating Wall Gas Laundry Community Laundry Equipment Lease Water Heater Features GasCentral Water Heater

    Property Features

    Assessed Total Value 1324980 Complex Name Victorian Arms Gross Income 232375 Gross Operating Income 232375 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 164456.28 Number Of Buildings 1 Number Of Units 10 Rent Control YN Yes Sale Type Standard Security Features Automatic GateSmoke DetectorWindow BarsCarbon Monoxide Detector(S) Sewer In Street Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 67919.24 Type Of Units Apartments Water Public Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Erika Mlachak DRE#01777303 of Verde Realty, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T06:42:50.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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