Presenting an exceptional investment and development opportunity to acquire a fully vacant 4-unit property. This property sits on an expansive lot of 9,160 square feet, double the size of most properties in the neighborhood, and is conveniently located just two short blocks from the Metro E Line. This property offers various city and state zoning benefits, including an R3-1 zoned lot, Tier 3 TOC (Transit Oriented Communities) benefits, and ZI-2374 State Enterprise Zone designation. The property has been well maintained and owned by the same family for over 75 years. Each unit has 1 bedroom, 1 bathroom and a bonus room/area, spread across 2,668 square feet of living space along with an attached 1 car garage. Nestled in the vibrant heart of Los Angeles, conveniently situated between Downtown LA and Culver City. Enjoy easy access to the bustling urban energy of DTLA and the trendy cultural scene of Culver City. With proximity to the 10, 110, and 405 freeways, museums, parks, fitness clubs, Whole Foods, and numerous public transit options, convenience is at your doorstep.
Sold for $1,650,000 on 07/11/24
Listing Provided by:
Kai Ito DRE #01408887 310-894-6787,
Compass,
Jennifer Orio DRE #01742843,
Compass
Bought with: HVN Development, Inc
$1,650,000
3412 S Victoria Ave, Los Angeles, CA 90016
5beds
4baths
2,668sqft
Quadruplex
Built in 1937
-- sqft lot
$1,563,800 Zestimate®
$618/sqft
$4,675 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 11, 2024 at 10:54am
Listing Provided by:
Kai Ito DRE #01408887 310-894-6787,
Compass,
Jennifer Orio DRE #01742843,
Compass
Bought with:
Thomas Beadel, DRE #01363751
HVN Development, Inc
Source: CRMLS,MLS#: SB24107649
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Floor Furnace
Cooling
- None
Appliances
- Included: Gas Water Heater, Tankless Water Heater
- Laundry: None
Features
- Tile Counters
- Flooring: Tile, Vinyl, Wood
- Windows: Wood Frames
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,668
- Total interior livable area: 2,668 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Spa features: None
- Fencing: Block,Good Condition,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 9,164 sqft
- Features: Near Public Transit, Yard
Details
- Parcel number: 5046001004
- Zoning: LAR3
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Alley Paved, Paved
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Estimated market value
$1,563,800