4440 Victoria Park DrLos Angeles, CA 90019

Property Details for 4440 Victoria Park Dr

Year built

1910

Property size (Sq ft)

6,480 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional Los Angeles investment property, located at 4440 Victoria Park Dr, 90019, presents a compelling opportunity for discerning investors. The 6,480 square foot apartment building, situated on an 8,878 square foot lot (APN 5082-013-009), boasts two units and offers a strong 6.00% capitalization rate at an asking price of $2,590,000 ($399.69/sq ft). Originally constructed in 1910 and renovated in 1916, the property benefits from recent upgrades including new waterproof flooring, sleek bathrooms, and modern kitchens featuring new cabinetry, granite countertops, and stainless steel appliances. The units are equipped with separately metered utilities for enhanced convenience and efficiency. Further enhancing its appeal is the installation of a new central air conditioning and ducting system, ensuring year-round comfort. Zoned LAR2-1-O, this property presents a significant value-add opportunity for investors seeking long-term positive cash flow. Potential buyers are encouraged to conduct their own due diligence to confirm all aspects of the investment potential. This is an excellent opportunity for both owner-users and income-seeking investors in a desirable Los Angeles location.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0468

Longitude

-118.332

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