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3683 Victoria Avenue
Los Angeles, CA 90016
Sold
3683 Victoria Avenue
Los Angeles, CA 90016
Sold
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.
PROPERTY INFORMATION
| MLS # | 23332599 | Lot Size | 6,602 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,395,000
Price Per SqFt: $ 382 |
DOM | 535 Days |
| Address | 3683 Victoria Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,652 Sq. Ft. |
| Postal Code | 90016 | Garage | 4 |
| County | Los Angeles | Year Built | 1948 |
| Bed / Bath | 8 / 0 | Parking | 4 |
| Built In | 1948 | Status | Closed |
| Sold Date | 2024-01-25 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| InteriorFeatures Information | Ceiling Fan(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,488
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/16/2023 | Listed | $1,395,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Jonathan Rawson, Avenue Realty Group. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
