We are proud to introduce an exceptional multifamily investment opportunity: a 12 unit value add asset located at 6214 South Victoria Avenue in the vibrant Hyde Park neighborhood. This offering presents significant upside potential, with projected rental upside of approximately 38%, all while being offered at an attractive 6.21% Cap… Read More Rate and $185 per sf, a compelling combination for investors seeking both stability and growth. Property highlights include: 12 Units Total (2) spacious 2 Bed / 2 Bath units, (9) well appointed 1 Bed / 1 Bath units, and (1) Studio. 9,405 SF Building featuring front balconies, generous floor plans, and one parking space per unit. Additional Income Stream from onsite, leased laundry facilities. Strong Building Systems with individual gas & electric meters, and completed soft story seismic retrofit. LOCATION ADVANTAGES: With a Walk Score of 74, residents enjoy convenient access to daily essentials, neighborhood amenities, and local retail, many within walking distance. The property is ideally positioned near public transit, including the nearby Metro line, and is surrounded by schools and community resources serving Hyde Park and Leimert Park. This connectivity enhances tenant demand and long term rental performance. Read Less
Courtesy of Keller Williams Realty 310-375-3511
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Beds
13
Square Ft.
9,405
Lot Size
0.26 Acres
Year Built
1964
MLS Number
26830365
30 Days Snapshot Of 90043
$1.10M
-2%
(avg) sold price
6
-14%
homes sold
83
+112%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
9,405 sq ft, Built in 1964, Levels: Two
Cooling
None
Disclosures
None
Garage
Covered Parking
Heating
Forced Air
Lot
LotAcreage: 0.2611, LotSizeArea: 11,373
Parking
CoveredParking: 12, TotalParking: 12
Property
NumberOfUnits: 12, Zoning: LAR3
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