6605 S Victoria Ave, Los Angeles, CA 90043
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6605 S Victoria Ave Los Angeles, CA 90043

$2,900,000 Sold Price as of 05/06/2022
  • 7 Beds
  • 15 Baths
  • 7,900 Sq.Ft.
Sold
$2,900,000 Sold Price as of 05/06/2022 Refinance Your Mortgage

Map preview of 6605 S Victoria Ave, Los Angeles, CA 90043

Property Overview: 6605 S Victoria Ave Los Angeles, CA has 7 bedrooms, 15 bathrooms, 7,900 living square feet and 11,349 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the Market! This time, we're ready to sell. Price has been reduced to a very attractive number. This 14 Unit apartment complex is producing over $18,000 per month. It was built in 1964 and contains close to 8,000 square feet. It is situated on an 11,349 square foot lot that is zoned R3, gated and protected by remote access. The unit mix consists of One (1) - 2 bedroom - 2 bath units, Five (5) - 1 bedroom - 1 bath units and Eight (8) Studios. All units are separately metered for gas and electricity, keeping monthly expenses low. All units are equipped with refrigerator, stoves and garbage disposals which will be transferred upon closing. Per owner, 10 of the 14 units have been upgraded with Granite Countertops and Laminate flooring. Access to high-speed internet is available and the property has a video surveillance system in place. Another bonus, the Seismic Retrofit work has been completed. The site is ideally located within a short distance of the Florence-West Boulevard Metro Depot. It is also within a couple of miles of the Forum, SoFI Stadium, Hollywood Entertainment Complex and the new Clippers Area. This is a great opportunity to purchase a well-maintained building in an appreciating location. Please drive only and do not walk on the property or disturb the tenants in any way. All offers to be made subject to inspection.

Listed by Jerome McAlpin | BRE #00939725 | McAlpin & Company
Last checked: 25 minutes ago | Last updated: May 9th, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
11,349
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22122099
City
Los Angeles
County
Los Angeles
Time on Site
883 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,027
  • Total Rent: $2,027
  • Pro Forma/Market Rent: $2,027
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,168
  • Total Rent: $9,346
  • Pro Forma/Market Rent: $9,346
Unit Breakdown 3
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,405
  • Total Rent: $7,024
  • Pro Forma/Market Rent: $7,024
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.9
  • Gross Scheduled Income: --
  • Net Operating Income: $154,199
  • Gross Operating Income: $222,026
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6605 S Victoria Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Carport, Uncovered
Property Information
  • Total # of Units: 14
  • Parcel Number: 4006019024
Location / Neighborhood
Location Information
  • Directions: West of Crenshaw Boulevard and North of Florence Avenue
View more facts & features

Local Los Angeles Agent

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Sale History for 6605 S Victoria Ave

Last sold for $2,900,000 on May 6th, 2022
  • May, 2022

  • May 6, 2022

    Date

    Sold

    CRMLS: 22122099

    $2,900,000

    Price

  • Jan 26, 2022

    Date

    Active

    CRMLS: 22122099

    $2,900,000

    Price

  • July, 2021

  • Jul 14, 2021

    Date

    Expired

    CRMLS: 21718784

    $3,025,000

    Price

  • Apr 14, 2021

    Date

    Active

    CRMLS: 21718784

    $3,025,000

    Price

  • Listing provided courtesy of CRMLS

    Nice 14 unit apartment complex located in the Hyde Park submarket of Los Angeles. The building was constructed in 1964 and contains approximately 7,900 square feet. It is situated on an 11,349 square foot lot that is zoned LAR3, gated and protected by remote access. The unit mix consists of 1-2 bedroom 2 bath unit, 5-1 bedroom units and 8 - Spacious Studios. All of the units are separately metered for gas and electricity. Per owner, approximately 10 of the 14 units have been upgraded with Granite Counters and Laminate flooring. Seismic retrofit work has been completed. The site is conveniently located within short distance of the Florence-West Boulevard Metro Depot. It is also within a couple of miles of the Forum, SoFI Stadium, Hollywood Park Entertainment Complex and the proposed new Clipper Arena. Great opportunity to purchase a well maintained building in an up and coming location. Drive by only, please do not walk on the property.

  • January, 2021

  • Jan 31, 2021

    Date

    Expired

    CRMLS: 20665488

    $3,149,000

    Price

  • Dec 1, 2020

    Date

    Active

    CRMLS: 20665488

    $3,149,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this 14 unit apartment complex located in the Hyde Park submarket of Los Angeles. The building was constructed in 1964 and contains approximately 7,900 square feet. It is situated on an 11,349 square foot lot that is zoned LAR3, gated and protected by remote control acces. The unit mix consists of 1-2 Bedroom 2 Bath unit, 5-1 Bedroom units and 8-Spacious Studios. All of the units are separately metered for gas and electricity. Per owner, approximately 10 of the 14 units have been updgraded with Granite Counters and Laminate Flooring. The units passed the LAHD inspection in 2019. Also, the Seismic Retrofit work has been completed. The site is conveniently located within walking distance of the Florence-West Boulevard Metro depot. It is also within a couple of miles of the Hollywood Park Entertainment Complex and SoFi Stadium. This is a great opportunity to acquire a well maintained property in an up and coming location. Please do not walk on the property.

  • December, 2020

  • Dec 1, 2020

    Date

    Expired

    CRMLS: 20585672

    $3,150,000

    Price

  • Jun 2, 2020

    Date

    Active

    CRMLS: 20585672

    $3,150,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this 14 unit apartment complex located in the Hyde Park submarket of Los Angeles. The building was constructed in 1964 and contains approximately 7,900 square feet. It is situated on an 11,349 square foot lot that is zoned LAR3, gated and protected by remote control acces. The unit mix consists of 1-2 Bedroom 2 Bath unit, 5-1 Bedroom units and 8-Spacious Studios. All of the units are separately metered for gas and electricity. Per owner, approximately 10 of the 14 units have been updgraded with Granite Counters and Laminate Flooring. The units passed the LAHD inspection in 2019. Also, the Seismic Retrofit work has been completed. The site is conveniently located within walking distance of the Florence-West Boulevard Metro depot. It is also within a couple of miles of the Hollywood Park Entertainment Complex and SoFi Stadium. This is a great opportunity to acquire a well maintained property in an up and coming location. Please do not walk on the property.

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Tax History for 6605 S Victoria Ave

Assessed Value (2020): $572,881
Year Land Value Improved Value Assessed Value
2020 $228,443 $344,438 $572,881

Home Value Compared to the Market

This property vs the competition

6605 S Victoria Ave sold on May 6, 2022 for 156.64% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $367.09 per/sqft which puts the price per square foot 51.31% lower than the current median sale per square foot for the city of Los Angeles.

About 6605 S Victoria Ave

Detailed summary of property

6605 S Victoria Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 7 bedrooms, 15 bathrooms, roughly 7,900 living square feet, and sits on an approximately 11,349 square foot lot. 6605 S Victoria Ave was first listed on ArdentRealEstateGroup.com on January 27, 2022. The homeowner sold the property for $2,900,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 156.64% higher than the current median priced home. Local homes that are currently for sale include 4809 W Adams Blvd, 2203 4th Ave and 3023 S Budlong Ave. While the average home in Los Angeles, CA is selling in 99 days, 6605 S Victoria Ave has a days on market of 38 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 6605 S Victoria Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6605 S Victoria Ave

Public county record property details
Beds
15
Baths
15
Year built
1964
Sq. Ft.
7,900
Lot Size
11,349
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
458
APN
4006-019-024

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$1,155,000
Median Sold Price/Sq.Ft.
$718
Total Inventory
98
Median Sale to List Price %
101.76%
Avg Days on Market
19
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (5.56%), Other (11.11%)

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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.