6124 S Victoria AVE, Los Angeles, CA 90043
6124 S Victoria AVE, Los Angeles, CA 90043
6124 S Victoria AVE, Los Angeles, CA 90043
49
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$1,395,000
Est. payment /mo
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8 Beds
5 Baths
4,049 SqFt
Active

6124 S Victoria AVE Los Angeles, CA 90043

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Sandy Rodriguez

Sandy Rodriguez

+1(619) 309-7405

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,049 sqft

Price per Sqft $344

MLS Listing ID 26861063

Bedrooms 8

Construction Status Fixer

HOA Y/N No

Year Built 1916

Lot Size 0.261 Acres

Property Description

CALLING ALL INVESTORS. FIXER OPPORTUNITY! Presenting a rare investment and development opportunity in the rapidly transforming Park Mesa neighborhood of Los Angeles. This highly sought-after area is experiencing significant growth, with numerous developments currently underway, making it an ideal acquisition for investors, developers, and long-term hold buyers alike. The property's most compelling feature is that it will be delivered mostly vacant, creating immediate flexibility and multiple exit strategies. Investors can renovate and lease the oversized units at current market rents. Alternatively, developers can capitalize on the area's strong development momentum by pursuing a ground-up redevelopment project of up to 84 units (Buyers to check with the city). In addition to a full redevelopment play, buyers may explore the possibility of adding additional units to the rear of the oversized lot, creating a larger multifamily asset while maintaining existing improvements. Buyers should conduct their own due diligence regarding development potential and zoning opportunities( Zoned R3). The existing property consists of five exceptionally large apartment units, each featuring a dedicated one-car garage and private laundry area, amenities that are increasingly difficult to find in today's rental market. The generous unit sizes and functional layouts provide strong appeal for future tenants and support premium rental rates. Whether you're seeking a cash-flowing multifamily asset, a value-add repositioning opportunity, or a future development site in one of Los Angeles' emerging growth corridors, this property offers a combination of flexibility, location, and upside rarely available in today's market. 4 units will be delivered vacant. The final tenant is open to moving.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Roof Type Composition,Shingle

Total Parking Spaces 5

Private Pool No

Building

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 4006004017

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Magaly Gordon West Shores Realty, Inc. #01306297

NEARBY SCHOOL & BUSINESS

Sandy Rodriguez
Sandy Rodriguez

Real Estate Professional | License ID: 01908969

+1(619) 309-7405 | sandy@sandysellssocal.com

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6124 S Victoria AVE

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