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2615 S Victoria Avenue, Los Angeles, CA 90016

Property · 2 recorded sales since 2015

2615 S Victoria Avenue, Los Angeles, CA 90016 Sold January 2023 CRMLS
$4,300,000Sold January 2023

Listing Agent: Jordan Peikin (DRE #02015987) · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Nathan Richards · Nathan Richards · MLS #22175291 · Source: CRMLS

20
Bedrooms
20
Bathrooms
12,966
Sq Ft
12,579 sqft
Lot Size
1927
Year Built
Property
Type
None
Cooling
CityLights
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About this property

2615 S Victoria Avenue is an irreplaceable 20-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. All units consist of one large bedroom and bathroom, sixteen of which have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. Additionally, the property has had numerous upgrades such as copper plumbing throughout, electrical service and panels, partial roof replacement, new exterior paint, and landscaping. There are multiple on-site storage rooms for the Owner's use or for potential added income. Superbly located in the heart of the West Adams commercial corridor, 2615 S Victoria Avenue provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 81 walk score and is central to major employment, freeways, and points of interest alike. Additionally, the property lies a mere 10-minute drive from trendy Culver City, Downtown Los Angeles, and the University of Southern California. Tenants who prefer public transit can easily access the Crenshaw and Exposition metro station that stretches from Downtown Santa Monica to Downtown Los Angeles with upcoming service to both Inglewood and LAX. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside both in rent and neighborhood appreciation.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$4,300,000
Sold January 2023 · listed $4,450,000, orig. $4,475,000, on market July 2022 · MLS #22175291 · Source: CRMLS
Listing Agent: Jordan Peikin · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Nathan Richards · Nathan Richards
$2,500,000
Sold October 2015 · on market May 2015 · MLS #15907537 · Source: CRMLS
Listing Agent: (Edy) Edythe Roberts · Listing Office: Teles Properties, Inc. · Contact: 424-202-3200 · Bought with: R Kip Kolodziejski · Clement Partners Real Estate
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