2615 S VICTORIA AVE

LOS ANGELES, CA, 90016

$4,650,000

$358 per ft²
$4,650,000
$358 per ft²
Active
Active
 - For Sale
beds
20 Beds
baths
20 Baths
carpenters-square
12,966 ft²
property_type
Multi-family
calendar
Built 1927
2615 S Victoria Avenue is an irreplaceable 20-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. All units consist of one large bedroom and bathroom, sixteen of which have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. Additionally, the property has had numerous upgrades such as copper plumbing throughout, electrical service and panels, partial roof replacement, new exterior paint, and landscaping. There are multiple on-site storage rooms for the Owner's use or for potential added income. Superbly located in the heart of the West Adams commercial corridor, 2615 S Victoria Avenue provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 81 walk score and is central to major employment, freeways, and points of interest alike. Additionally, the property lies a mere 10-minute drive from trendy Culver City, Downtown Los Angeles, and the University of Southern California. Tenants who prefer public transit can easily access the Crenshaw and Exposition metro station that stretches from Downtown Santa Monica to Downtown Los Angeles with upcoming service to both Inglewood and LAX. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside both in rent and neighborhood appreciation.
MLS® ID:
22-137469
Listed:
3/16/22
Updated:
8/12/22

Interior Features

Total Bedrooms
20
Total Bathrooms
20
Laundry Description
None
Floor Description
Laminate, Tile
Cooling
None
Heating
Wall Gas

Exterior/Building Features

Lot Size
0.29 acres lot
Architectural Style
Spanish
Sewer
In Street

Other Property Details

Garage
No
Parking
None
View
Y
County
Los Angeles
Pool
No
Pool Description
None
Total Stories
2
Zoning
LARD1.5

Property History

Date
Event
Price
Value
5/2/22
Price Change
$4,650,000
-2%
4/6/22
Price Change
$4,750,000
-4%
3/24/22
Price Change
$4,995,000
-3%
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