4267 South Victoria Avenue
View Park, CA, 90008 $ 1,119,000
Baths0.0 Sq 2,390 Monthly Estimate*
$ 7,817
Studio
for $1,119,000. This 2,390 square foot home was built in 1936 on a lot size of 0.16.
Location, location, location. This is a major value add opportunity in this Spanish style duplex in the historical View Park neighborhood. Whether owner occupied, short term or long terms hold investors this incredible value opportunity is right here. this is a dream scenario for owner occupiers. Obtain a lower rate via residential financing, live in a gorgeous home, & have the other tenant contribute to the mortgage: the most economical way to live in LA! Plus, with potential to add an ADU. For owner users to enhance their investment, the owner, their parents, or children plan to reside in the larger downstairs unit for a two-year period, they can take possession of the unit. This can be accomplished by providing the tenant with a 60-day notice & paying a relocation fee of $24,650. Once the two-year residency requirement is met, the owner has the option to release the unit at the market rent to a third party, which would result in an increase in overall value & also have an opportunity to update units and maximize return value on rent. If you are an investor looking for a strong return & major appreciation potential, this property checks that box as well surrounded by multimillion dollar homes with a new list 5 doors down for 2m showing what can be done in premier neighborhood. The units have maintained all of its Spanish character. They boast spacious floor plans, plentiful windows letting in ample natural lighting, hardwood flooring, original arches, breakfast nooks, service area with their own washer and dryer hook ups and access to their own private backyards. A new roof and new sewer line was put in a year ago. Between the ideal central location and the unbeatable curb appeal, this property is your chance to own a stable asset in LA that we predict will increase in value year after year.
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FeaturesGeneralInterior Features Coffered Ceiling(s) Furnished
Heating Wall Furnace Fireplace(s)
Possession Close of Escrow
Roof Concrete
Zoning LCR1*
Architectural Style Spanish
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Plaster Stucco
Year Built 1936
Tenant Pays Electricity Gas
Levels One
Accessibility Other
County Los Angeles
Net Operating Income 32400.0
New Construction No
Property Type C
Association Amenities Gas
HOA / Comm Assn No
Status Active
City View Park
Buyer Agent Compensation 2.00
Entry Location Foyer
View Y/N No
Senior Community Y/N No
MLS Area PHHT - Park Hills Heights
Lot Size Square Feet 6952.0
Street Name Victoria
Property Condition Repairs Cosmetic
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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InteriorFlooring Laminate Wood
Kitchen Appliances Disposal Range Gas Oven Refrigerator Microwave
Fireplace Features Living Room
Common Walls No Common Walls
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Screens Custom Covering
Fireplace Y/N Yes
Street Suffix Avenue
Laundry Features Inside Washer Included Dryer Included
Total Baths 0
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ExteriorParking Features Garage - Two Door None Driveway Garage - Three Door Covered
Lot Features Lawn Yard Back Yard Utilities - Overhead Front Yard Rectangular Lot
Water Source None Public
Lot Size Area 6952.0
Foundation Details Raised None
Spa No
Pool Y/N? No
Building Area Total 2390.0
Lot Dimensions 50x140
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Assessor
Land Lease Type Fee
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* Excluded FeaturesList ByUniversal Asset Mngmt & Inv.Broker
Affordability Calculator
- Monthly Principal & Interest
- $7,817
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in View Park, CA
Average List Price $1,119,000
Percent of Sale Price 0%
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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4/3/2024 | $1,119,000 | | Listed Price |