A great investment property perfect for the investor client to add to his portfolio or for your 1031 clients. This 6 unit single building sits at the corner of Victoria and Corinth at the enclave of a much sought after residential neighborhood. All units are 2 bedrooms and 1 bath with varying degrees of remodeling and each having either a private balcony or patio. Parking consists of carport parking with storage units. Coin laundry owned by the Seller. All units have individual addresses. Cap rate and GRM are calculated on actual 5 rents and 1 projected. Buyer to cooperate in a 1031 tax deferred exchange at no cost to the Buyer. 1 unit intentionally left vacant.
Off market
$2,133,500
11316 Victoria Ave, Los Angeles, CA 90066
12beds
6baths
6,560sqft
MultiFamily
Built in 1955
-- sqft lot
$2,133,500 Zestimate®
$325/sqft
$4,198 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Wall, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Interior area
- Total interior livable area: 6,560 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Garage - Attached
Lot
- Size: 6,534 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1955
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- SourceLivingArea: Assessor
- ParkingGarage: Assigned, Carport Attached
- ListingArea: Palms - Mar Vista
- Country: US
- Heating: Wall Electric
- UnitTypeType: 2106, 2107, 2108, 2109, 2110
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Estimated market value
$2,133,500