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6214 S Victoria Ave, Los Angeles, CA, 90043

13beds
14baths
9,405sqft
$1,749,000
$186price/sqft
$12,174/moest. monthly cost
$486,960/yrincome needed

About This Home

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 6.21% Cap Rate and $185 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.

Getting Around

74
WalkingVery Walkable
56
TransitGood Transit
55
BikeBikeable

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 14

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 9,405
  • Total interior livable area: 9,405 sqft

Property

Details

  • Parcel number: 4006004022
  • Zoning: LAR3
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 12
  • Parking features: Covered
  • Covered spaces: 12