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 . . .
Property Details
Price:
$1,500,000
MLS #:
25512781
Status:
Pending
Baths:
0
Address:
6527 S Victoria Avenue
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Mar 14, 2025
State:
CA
ZIP:
90043
Lot Size:
11,421 sqft / 0.26 acres (approx)
Year Built:
1959
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Detached Carport
Parking Spots
8.00
Pool Features
Fenced
Security Features
Gated Community
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address6527 S Victoria Avenue Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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6527 S Victoria Avenue
Los Angeles, CA
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