3683 S Victoria Avenue
Los Angeles, CA 90016
- – beds
- – baths
- – sqft
- 6,602 sqft lot
- 1948 build
- – on site
More homes
Unique opportunity to buy a 4plex in the heart of West Adams with 2 units delivered vacant, and the other 2 remodeled and getting market rents. Perfect for an owner user to live in 1 and rent the other 3, or for an investor to remodel the 2 vacant units, rent at market, and cash flow with 4 units at market rate. All 4 units are 2 Bed/1 Bath and identical size/layout with 4 garages in the back -- 3 of which are vacant and can provide future income for the next owner. In place cap rate of 5.70% when the 2 vacant units are rented at market, and a 6.05% cap rate if garages are leased & rented. Located just 1 block away from the Expo / Crenshaw Station and LAX K-Line for tenants to have easy transportation access throughout the city. Low operating costs as the property is separately metered for gas & electricity, and tenants pay for trash.
Last checked:
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Last updated Jan 25, 2024
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MLS# 23332599 —
The Building
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Year Built:1948
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New Construction:No
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Building Area Total:3652.00
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Two
Location
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Directions:South of Obama, North of Coliseum, West of Crenshaw, East of Buckingham
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Latitude:34.02035900
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Longitude:-118.33658200
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:6602.0000
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Lot Size Acres:0.1516
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Lot Size SqFt:6602.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5046025007
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/4/23
Dec 4, 2023
|
BRIDGE | $1,395,000 | ||
|
12/4/23
Dec 4, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $1,395,000 | |
|
11/16/23
Nov 16, 2023
|
Listed / Active | CRMLS_CA | $1,395,000 |
