6416 S Victoria Avenue, Los Angeles, CA 90043
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
6416 S Victoria Avenue,Los Angeles, CA 90043
$1,400,000
- 12 Beds
- 10 Baths
- 6,244 sq. ft.
- Multi-family
- Active
Listed by:meir frydman
Office:keller williams los angeles
MLS#:25612339
Source:CRMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$224.22
About this home
The property for sale is a 10-unit apartment complex located at 6416 S Victoria Avenue, Los Angeles CA 90043. The 6,244 square foot two story apartment was built in 1955 and is situated over a 9,467 square foot lot & is zoned LAR3. The ten-unit apartment consists of two 2 bedroom / 1 bathroom units and eight 1 bedroom / 1 bathroom units. There are 10 on-site parking spots located at the back of the property. The property has approximately 32% remaining rental upside through unit renovations. A savvy investor can also take advantage of higher potential rents by renting to Section 8 tenants which pay higher than current market rents for the 90043 zip code. The Housing Authority of the City of Los Angeles (HACLA) voucher payment standards pays up to $2,289 for 1Bedroom units & $2,887 for 2 bedroom units. There are multiple developments that are currently underway in the area and in planning stages. The location offers unparalleled convenience in one of LA's most desirable areas. The property is within walking distance to several restaurants, cafes, bars, grocery stores, shopping centers and spiritual centers. The area is a diverse community that is being gentrified in a quiet neighborhood in the center of Los Angeles. The sub-market witnessed a relatively strong rental demand for hundreds of new units during the past 12 months.
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Home facts
- Year built:1955
- Listing ID #:25612339
- Added:1 day(s) ago
- Updated:October 30, 2025 at 01:24 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:10
- Living area:6,244 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1955
- Building area:6,244 sq. ft.
- Lot area:0.22 Acres
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$224.22
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