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2627 Victoria Ave, Los Angeles, CA 90016
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2627 Victoria Ave Los Angeles, CA 90016

$1,260,000 Sold Price as of 12/07/2023
  • 9 Beds
  • 8 Baths
  • 3,900 Sq.Ft.
Sold
$1,260,000 Sold Price as of 12/07/2023 Refinance Your Mortgage
Map preview of 2627 Victoria Ave, Los Angeles, CA 90016

Property Overview: 2627 Victoria Ave Los Angeles, CA has 9 bedrooms, 8 bathrooms, 3,900 living square feet and 6,289 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Desirable, high-income producing property.4 unit multi-family asset, 4 (2bd+1bath) units are section 8 and rents are well below market. First time on market in 18 years. A+ location with strong demand for tenancy, with excellent proximity to the Expo/Crenshaw Metro Stop.

Listed by Jacob Zacuto | BRE #01377441 | Zacuto Group
Last checked: 3 minutes ago | Last updated: December 8th, 2023 | Source CRMLS | DOM: 293

Home details

Lot Sq. Ft
6,289
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23240863
City
Los Angeles
County
Los Angeles
Time on Site
462 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,181
  • Total Rent: $1,181
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,458
  • Total Rent: $1,458
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,242
  • Total Rent: $1,242
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,843
  • Total Rent: $1,843
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.08
  • Gross Scheduled Income: --
  • Net Operating Income: $44,647
  • Gross Operating Income: $68,688
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2627 Victoria Ave

Interior Features
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: UNAVAILABLE
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of W. Adams Boulevard
View more facts & features

Local Los Angeles Agent

Sale History for 2627 Victoria Ave

Last sold for $1,260,000 on December 7th, 2023

  • December, 2023

  • Dec 7, 2023

    Date

    Sold

    CRMLS: 23240863

    $1,260,000

    Price

  • Feb 10, 2023

    Date

    Active

    CRMLS: 23240863

    $1,395,000

    Price

Tax History for 2627 Victoria Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2627 Victoria Ave sold on December 7, 2023 for 17.23% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $357.69 per/sqft which puts the price per square foot 52.62% lower than the current median sale per square foot for the city of Los Angeles.

About 2627 Victoria Ave

Detailed summary of property

2627 Victoria Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 3,900 living square feet, and sits on an approximately 6,289 square foot lot. 2627 Victoria Ave was first listed on ArdentRealEstateGroup.com on February 11, 2023. The homeowner sold the property for $1,260,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.23% higher than the current median priced home. Local homes that are currently for sale include 1510 S Bronson Ave, 3008 S West View St and 2530 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 92 days, 2627 Victoria Ave has a days on market of 293 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2627 Victoria Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2627 Victoria Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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