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$ 2,750,000
$ 2,995,000 8.2%
Est. payment | /mo
15 Beds
17 Baths
5,032 Sqft Lot
$ 2,750,000
$ 2,995,000 8.2%
Est. payment | /mo
15 Beds
17 Baths
5,032 Sqft Lot
Key Details
Sold Price $2,750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB26133054
Bedrooms 15
Lot Size 5,032 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
2847 S Victoria Ave is a brand-new 2026-built, non-rent controlled, fourplex in the heart of West Adams, one of Los Angeles most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street steps from Michelin guide noted restaurants such as Highly Likely Caf, Alta Adams, Mizlala, and Cento Pasta Bar! With prime location, tenant friendly layouts and the best curb appeal in mid-city, this stunning property is generating over $221k in annual rent, offering a strong projected cap rate of 5.87% and exceptional return on investment. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of todays renters. All units have been leased within the last 45 days and we are projected to achieve $4,795 on the remaining vacant unit. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builders warranty for peace of mind. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its lowmaintenance design, upscale units, and unbeatable location, 2847 S Victoria Ave is an exceptional opportunity for i
Location
State CA
County Los Angeles
Zoning Builder
Interior
Cooling Central Forced Air
Exterior
View Y/N No
Building
Story 3
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
Bought with Linjiao Lu Real Broker
Co-listed byCheyenne Womack • Myunits.com Inc.
Bought with Linjiao Lu Real Broker
NEARBY SCHOOL & BUSINESS