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3618 S Victoria Ave, Los Angeles, CA 90016
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3618 S Victoria Ave Los Angeles, CA 90016

$1,180,000 Sold Price as of 08/16/2023
  • 6 Beds
  • 6 Baths
  • 3,054 Sq.Ft.
Sold
$1,180,000 Sold Price as of 08/16/2023 Refinance Your Mortgage
Map preview of 3618 S Victoria Ave, Los Angeles, CA 90016

Property Overview: 3618 S Victoria Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,054 living square feet and 5,402 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fourplex centrally located in the Crenshaw district for sale!!! Located west of Crenshaw just north of the exposition metro station. This property consist of two 2BR 2BA units and two 1BR 1BA units with hardwood floors and comfortable floorplans. Plenty of room for growth with rents below market and 2 vacant units. Sold in it's As Is condition. Please do not disturb occupants!

Listed by Jihad Abdus-Shakoor | BRE #01308246 | Shakoor Realty
Last checked: 13 minutes ago | Last updated: August 18th, 2023 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
5,402
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
P1-8773
City
Los Angeles
County
Los Angeles
Time on Site
777 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,096
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $930
  • Pro Forma/Market Rent: $2,096
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,666
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: 13.4
  • Gross Scheduled Income: $86,604
  • Net Operating Income: $67,519
  • Gross Operating Income: $86,604
Annual Expense Breakdown
  • Total Operating Expense: $19,085
  • New Taxes: $14,525
  • Trash: $0
  • Gardener: $1,020
  • Insurance: $900
  • Other Expenses: $4,560

Property Details for 3618 S Victoria Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Wood, Tile
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Off Street, Street
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5046001016
  • Year Built Source: Other
  • Architectural Style: Traditional
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Repairs Cosmetic, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: From Crenshaw/Exposition go west on Exposition to Victoria, go rt(north) to 3618 S. Victoria Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
Neighborhood Information
  • Community Features: Street Lights, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3618 S Victoria Ave

Last sold for $1,180,000 on August 16th, 2023

  • August, 2023

  • Aug 16, 2023

    Date

    Sold

    CRMLS: P1-8773

    $1,180,000

    Price

  • Mar 24, 2022

    Date

    Active

    CRMLS: P1-8773

    $988,000

    Price

  • June, 2011

  • Jun 1, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3618 S Victoria Ave

Assessed Value (2020): $82,659
Year Land Value Improved Value Assessed Value
2020 $22,386 $60,273 $82,659

Home Value Compared to the Market

This property vs the competition

3618 S Victoria Ave sold on August 16, 2023 for 2.35% lower 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 $380.48 per/sqft which puts the price per square foot 49.6% lower than the current median sale per square foot for the city of Los Angeles.

About 3618 S Victoria Ave

Detailed summary of property

3618 S Victoria Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,054 living square feet, and sits on an approximately 5,402 square foot lot. 3618 S Victoria Ave was first listed on ArdentRealEstateGroup.com on March 24, 2022. The homeowner sold the property for $1,180,000. 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 2.35% lower than the current median priced home. Local homes that are currently for sale include 3815 Don Tomaso Dr, 2747 S Mansfield Ave and 4136 Leimert Blvd. While the average home in Los Angeles, CA is selling in 94 days, 3618 S Victoria Ave has a days on market of 90 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3618 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 3618 S Victoria Ave

Public county record property details
Beds
6
Baths
6
Year built
1958
Sq. Ft.
3,054
Lot Size
5,402
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5046-001-016

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
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
75
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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(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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