32
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$2,750,000
Est. payment /mo
0.67 Acres Lot
New
6401 S Victoria Los Angeles, CA 90043
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Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26223466
HOA Y/N No
Year Built 1953
Lot Size 0.666 Acres
Property Sub-Type Apartment
Property Description
6401-6407 S Victoria Ave is a 17-unit, two-parcel
apartment offering in Hyde Park, delivering excellent in
place cash flow on 29,003 square feet of LAR3 land with
several paths to add value.
6401-6407 S Victoria is an excellent opportunity to acquire two adjoining parcels in Hyde Park, one of South Los Angeles' most improved
neighborhoods. The offering has 17 units across buildings built in 1923 and 1953. The unit
mix includes (6) 1 bed / 1 bath, (9) 2 bed / 1 bath and (2) 3 bed / 1 bath units, totaling 10,192
square feet on a combined 29,003 square foot LAR3 zoned lot. The property already
produces excellent in place cash flow and still has upside in the rents, with two 1 bed / 1
bath units to be delivered vacant. The large lot gives a future investor several ways to add
value, including ADUs or new construction.
Hyde Park sits between Baldwin Hills, View Park and Leimert Park to the north and
Inglewood to the south, where the Hollywood Park district (SoFi Stadium and Intuit Dome)
has become one of the region's major sports and entertainment hubs. The Metro K Line's
Hyde Park Station on Crenshaw Blvd connects tenants to the E Line, LAX and the broader
Metro system. Along the Crenshaw corridor, mixed-use and multifamily projects are being
built near the station, and Destination Crenshaw, a 1.3 mile open air arts and culture
corridor, is taking shape. With its in place cash flow, large land footprint and growing
location, the offering is a chance to own a long term asset in one of LA's most rapidly
improving submarkets.
apartment offering in Hyde Park, delivering excellent in
place cash flow on 29,003 square feet of LAR3 land with
several paths to add value.
6401-6407 S Victoria is an excellent opportunity to acquire two adjoining parcels in Hyde Park, one of South Los Angeles' most improved
neighborhoods. The offering has 17 units across buildings built in 1923 and 1953. The unit
mix includes (6) 1 bed / 1 bath, (9) 2 bed / 1 bath and (2) 3 bed / 1 bath units, totaling 10,192
square feet on a combined 29,003 square foot LAR3 zoned lot. The property already
produces excellent in place cash flow and still has upside in the rents, with two 1 bed / 1
bath units to be delivered vacant. The large lot gives a future investor several ways to add
value, including ADUs or new construction.
Hyde Park sits between Baldwin Hills, View Park and Leimert Park to the north and
Inglewood to the south, where the Hollywood Park district (SoFi Stadium and Intuit Dome)
has become one of the region's major sports and entertainment hubs. The Metro K Line's
Hyde Park Station on Crenshaw Blvd connects tenants to the E Line, LAX and the broader
Metro system. Along the Crenshaw corridor, mixed-use and multifamily projects are being
built near the station, and Destination Crenshaw, a 1.3 mile open air arts and culture
corridor, is taking shape. With its in place cash flow, large land footprint and growing
location, the offering is a chance to own a long term asset in one of LA's most rapidly
improving submarkets.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking, Golf, Park
Total Parking Spaces 18
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4006008021
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737
NEARBY SCHOOL & BUSINESS
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