6536 S Victoria Ave - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$1,800,000 USD
310-467-7581
6536 S Victoria Ave, Los Angeles, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/8
null | 7.57% Cap Rate

6536 S Victoria Ave
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Excellent current cap rate offering investor cash flow day one with huge upside potential
  • Great unit mix consisting of (4) 1 Bed / 1 Bath and (6) 2 Bed / 1 Bath units spread out over 5,688 square feet
  • Oversize lot measuring 11,359 square feet that is zoned LAR3
  • Strategically located in an area that has seen growth and is located in close proximity to the major business hubs of Los Angeles

OVERVIEW

$100K Price Reduction! Part of a 4 Building Portfolio! Can be sold individually or as a portfolio. 6536 Victoria Ave offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (4) 1 Bed / 1 Bath and (6) 2 Bed / 1 Bath units. The bungalow style units were built in 1931 and consist of 5,688 square feet of gross leasable area. The oversized 11,359 square foot lot is zoned LAR3 and features carport and open parking in the rear of the lot.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

10

PRICE/UNIT

$180,000

CAP RATE

7.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,356 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4006-018-012

ASK ABOUT THIS PROPERTY

Peter JamesLyon Stahl Investment Real EstateMore Info
310-467-7581

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Peter JamesLyon Stahl Investment Real EstateMore Info
310-467-7581

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.