Property
Listing Agent: Lauren Cearley (DRE #02146823) · Listing Office: Myunits.com Inc. · Contact: 213-302-8662 · Bought with: Linjiao Lu · Real Broker · MLS #BB26133054 · Source: CRMLS
2847 S Victoria sold for $2,750,000 in September 2026, 8.2% under its $2,995,000 list price, after 30 days on the market. It was first listed at $2,950,000. Across 122 closed sales in 90016 over the last 12 months, the median sold price is $988,000 and the median is $658 per square foot.
| Quarter | Closed sales in 90016 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $1,045,000 |
| Q2 2026 | 67 | $950,000 |
| Q3 2026 | 46 | $1,015,005 |
| Q4 2026 | 1 | $930,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90016
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 Café, 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 today’s 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 builder’s 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 investors looking to secure a premium property in a fast-growing market. This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods, don’t miss out!
Listing description from the September 2026 sale, as reported to CRMLS.
Closed sales reported in 90016, nearest first, last 12 months. All recent sales in Los Angeles →