4440 Victoria Park, Los Angeles, CA 90019

$2,995,000
Property Type: Multi-Family Lot Size (sq. ft.): 8,878 Status: Active
Current Price: $2,995,000 List Date: 4/23/2024 Last Modified: 4/26/2024

Description

Unlock the potential of this remarkable property—an exclusive side-by-side Tudor duplex accompanied by an additional ADU, nestled within the esteemed confines of Victoria Park's gated community. Boasting an impressive total of approximately 6,480 square feet of living space on an expansive 8,878 square foot lot, this residence presents an unparalleled opportunity for investors, with a potential 6+ CAP rate on the horizon. Unit 4440 offers five bedrooms and four bathrooms, providing comfortable and spacious living quarters, while Unit 4442, with its seven bedrooms and seven bathrooms, will be delivered vacant, ready for your creative vision. Along with the two main units is an approximate 350 square foot ADU that can help supplement the property's cash flow. Meticulously updated with new waterproof flooring, sleek bathrooms, and modern kitchens featuring new cabinetry, granite countertops, and stainless steel appliances, both units exude sophistication and style. Additionally, new centr

More Information MLS# 24002946

Location & Property Information

APN: 5082-013-009 Street #: 4440 Street Name: Victoria Park County: Los Angeles State/Province: CA Zip Code: 90019 Income Producing: Yes Area: 97 - Out of Area South Cross Street: Victoria Park Dr

Contract Info

Listing Price: 2995000 Agreement Type: Exclusive Right to Sell Current Price: $2,995,000 Sale Type: Standard Listing Date: 2024-04-22

General Property Information

Lot Measurement: Acres Lot Acres: 0.2 Lot SqFt: 8878 Year Built: 1910

Remarks & Misc

Marketing Remarks: Unlock the potential of this remarkable property—an exclusive side-by-side Tudor duplex accompanied by an additional ADU, nestled within the esteemed confines of Victoria Park's gated community. Boasting an impressive total of approximately 6,480 square feet of living space on an expansive 8,878 square foot lot, this residence presents an unparalleled opportunity for investors, with a potential 6+ CAP rate on the horizon. Unit 4440 offers five bedrooms and four bathrooms, providing comfortable and spacious living quarters, while Unit 4442, with its seven bedrooms and seven bathrooms, will be delivered vacant, ready for your creative vision. Along with the two main units is an approximate 350 square foot ADU that can help supplement the property's cash flow. Meticulously updated with new waterproof flooring, sleek bathrooms, and modern kitchens featuring new cabinetry, granite countertops, and stainless steel appliances, both units exude sophistication and style. Additionally, new centr Directions to Property: Head north on West Blvd toward W Pico Blvd. Turn right onto W Pico Blvd. Turn right onto S Windsor Blvd. Turn right onto Victoria Park Dr. Turn right to stay on Victoria Park Dr. Property will be on the left.

Misc & Legal

Zoning: LAR2 # of Units: 3 Aprx Age of Roof: 7 Price Per Unit: 998333.33 Gross Rnt Mult (GRM): 198000

Status Change Info

Status: Active

Property Features

Terms: Cash; Conventional Elec - Master: Has Master Elec - Individual: Has Individual Water - Master: Paid by Tenant Water - Individual: Has Individual Gas - Master: Paid by Tenant Gas - Individual: Has Individual Wtr Htr - Master: No Master Wtr Htr - Individual: Has Individual Heating Types: Central Heat/Gas Cooling Type: Central Air/Evap Roof: Composition Construction: Concrete
Listing Office: House of Seven Gables Real Estate, Inc.
Last Updated: April - 26 - 2024
4440 Victoria Park, Los Angeles, CA 90019- MLS# 24002946
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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