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2932 S Victoria Ave, Los Angeles, CA 90016
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2932 S Victoria Ave Los Angeles, CA 90016

$850,000
  • 3 Beds
  • 3 Baths
  • 1,627 Sq.Ft.
Pending
$850,000 Get Pre-Qualified
Map preview of 2932 S Victoria Ave, Los Angeles, CA 90016

Property Overview: 2932 S Victoria Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,627 living square feet and 5,403 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover the perfect blend of urban living and coastal charm with this exceptional duplex for sale in Los Angeles, Ca. Enjoy the convenience of city living with close proximity to Downtown LA, home to iconic landmarks, entertainment venues, and the thriving energy of urban life. Additionally, relish the luxury of being minutes away from the famous beaches that define the Southern California lifestyle. This property is ideal for Investors and Developers: This duplex, is in need of minor cosmetic work, and represents a golden opportunity for both seasoned investors and ambitious developers. With the potential for modern updates and enhancements, this property is a canvas awaiting transformation. The duplex features a versatile layout, offering flexibility for various investment strategies. Whether you're considering renting out both units for passive income or exploring the potential for a thoughtful redevelopment project, the possibilities are endless. In addition this is a strong rental market as Los Angeles remains one of the most sought-after rental markets in the country. Leverage the strong demand for housing in the area and capitalize on the opportunity to secure a steady stream of rental income. But wait there's more! This property has great investment potential: as property values continue to appreciate in Los Angeles, seize the chance to make a strategic investment that promises potential appreciation and long-term financial growth. Now is the time to turn this diamond in the rough into a gem of a property. Don't miss your chance to own a piece of Los Angeles real estate that combines location, potential, and investment allure.

Listed by Joel Valdiviez | BRE #02015801 | EXP REALTY OF CALIFORNIA INC
Last checked: 2 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 19
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Home details

Lot Sq. Ft
5,403
HOA Dues
$0/mo
Year built
1931
Garage
2 Car
Property Type:
Duplex
Status
Pending
MLS#
CV23230623
City
Los Angeles
County
Los Angeles
Time on Site
122 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,035
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,500
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,052
  • Electric: $200
  • Gas/Fuel: $55
  • Trash: $90
  • Insurance: $507
  • Water/Sewer: $200

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Property Details for 2932 S Victoria Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • All Bedrooms Down
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Concrete, Garage, Private
Lot Information
  • Lot Features: 0-1 Unit/Acre, Landscaped, Level, Paved
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5050018019
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Drive N. up S. Victoria. The property is on the right hand side.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2932 S Victoria Ave

Last sold for $148,000 on June 3rd, 1998

  • May, 2024

  • May 1, 2024

    Date

    Pending

    CRMLS: CV23230623

    $850,000

    Price

  • Jan 1, 2024

    Date

    Active

    CRMLS: CV23230623

    $850,000

    Price

  • June, 1998

  • Jun 3, 1998

    Date

    Sold (Public Records)

    Public Records

    $148,000

    Price

  • January, 1998

  • Jan 6, 1998

    Date

    Sold (Public Records)

    Public Records

    $140,000

    Price

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Tax History for 2932 S Victoria Ave

Assessed Value (2020): $259,939
Year Land Value Improved Value Assessed Value
2020 $163,058 $96,881 $259,939

Home Value Compared to the Market

This property vs the competition

2932 S Victoria Ave is listed 30.61% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $522.43 per/sqft which puts the price per square foot 32.5% lower than the median price per square foot for the city of Los Angeles.

About 2932 S Victoria Ave

Detailed summary of property

2932 S Victoria Ave is a duplex located in Los Angeles, CA 90016 and is currently in escrow to be sold. This duplex offers 3 bedrooms, 3 bathrooms, roughly 1,627 living square feet, and sits on an approximately 5,403 square foot lot. 2932 S Victoria Ave was first listed on ArdentRealEstateGroup.com on January 1, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 30.61% lower than the median priced home. Local competing homes currently for sale include 2000 7th Ave, 2615 Obama Blvd and 1430 S Orange Dr. While the average home in Los Angeles, CA is selling in 96 days, 2932 S Victoria Ave has a days on market of 19 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2932 S 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 2932 S Victoria Ave

Public county record property details
Beds
3
Baths
2
Year built
1931
Sq. Ft.
1,627
Lot Size
5,401
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
105
APN
5050-018-019

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
$1,150,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
74
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%)

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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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