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4440 Victoria Park Drive

Los Angeles (City), CA 90019
  • $2,590,000
  • STATUS: Active
  • ON SITE: 233 Days
  • ID#: SR24077635
UPDATED: 76 min ago
$2,590,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): David Petikyan of Seven Gables Real Estate (714-731-3777)


Description

An exclusive side-by-side Tudor duplex accompanied by an additional ADU, 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, has seven bedrooms and seven bathrooms, and will be delivered vacant. 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 central AC and ducting ensure year-round comfort and efficiency, while separately metered utilities offer added convenience and flexibility.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T11:26:06.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/149768680
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4440 Victoria Park Drive Los Angeles (City), CA 90019

  • Price: $2,590,000
  • Status: Active
  • On Site: 233 Days
  • Updated: 76 min ago
  • ID#: SR24077635
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1910
Built
Neighborhood:
KREA - Koreatown
County:
Los Angeles
Area:
KREA - Koreatown
Property Description
An exclusive side-by-side Tudor duplex accompanied by an additional ADU, 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, has seven bedrooms and seven bathrooms, and will be delivered vacant. 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 central AC and ducting ensure year-round comfort and efficiency, while separately metered utilities offer added convenience and flexibility.
Exterior Features

Architectural Style Tudor Entry Level 1 Entry Location front Lot Features Corner LotIrregular Lot Number Of Separate Electric Meters 3 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherDisposalGas RangeRange Hood Basement YN Yes Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring BrickLaminate Heating Central Heating YN Yes Interior Features Open FloorplanPantryTile CountersAll Bedrooms UpAll Bedrooms DownMain Level PrimaryPrimary Suite

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.94 Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 198000 Gross Scheduled Income 198000 Insurance Expense 0 Land Lease YN No Laundry Features InsideIn KitchenLaundry Room Levels OneThree Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 178200 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 2 Operating Expense 19000 Possession Close Plus Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T11:26:06.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): David Petikyan of Seven Gables Real Estate (714-731-3777)