Los Angeles, CA 90043 6527 S Victoria Avenue
$1,500,000
Presented By: Kevin Kawaoka with NAI Capital, Inc.;
- MLS# 25512781
- 03/17/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 14
Baths • 8
SQFT • 6,629
Garage • 1
Home Details
Our Team is delighted to present an exceptional investment opportunity: a fully occupied, 8-unit apartment complex nestled in the historic Hyde Park neighborhood of Los Angeles. This property (2 buildings on 1 parcel) offers a harmonious blend of strategic location and significant growth potential, making it a prime asset for apartment investors. Prime Location with Unmatched Connectivity Situated within walking distance to the Fairview Heights K Line Metro Station. * No Soft-Story Retrofit Requirement as per LADBS record* Certificate of Occupancy for 8 units with 8 parking spaces * Property passed city inspection 10/24/2024 * windows replaced, facia replaced, stairs repaired * multi-generational ownership, long time holders * Approximately +- 50% upside in rents ! *Possible addition of 2 ADU's to boost income (buyer to verify with the city) *Expansive lot | 11,418 Sq ft , TOC Tier 3 *Connect with us for more information on this prime long term investment opportunity . . .
Presented By: Kevin Kawaoka with NAI Capital, Inc.;
Interior Features for 6527 S Victoria Avenue
Bedrooms
Total Bedrooms14
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 6527 S Victoria Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.95
Carport Y/NYes
CityLos Angeles
Community FeaturesGated
CoolingNone
CountyLos Angeles
DirectionsSouth of Hyde Park Blvd, East of West Blvd, West of Crenshaw
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income147204.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet11421.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income89212.0
New ConstructionNo
Number Of Units Total8
Pool FeaturesFenced
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
Year Built1959
Year Built SourceAssessor
ZoningLAR3
Exterior for 6527 S Victoria Avenue
Building Area Total6629.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2622
Lot Size Area11421.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDetachedCarport
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate