2847 S Victoria, Los Angeles, CA 90016
- $2,995,000
- List Price
- $2,995,000
- Price Change
- ▲ $45,000 1782260519
- Status
- ACTIVE
- MLS#
- BB26133054
- Year Built
- 2026
- Lot Size
- 5,032
- Acres
- 0.12
- Lot Location
- Landscaped
- Days on Market
- 42
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
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 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!
Additional Information
- Taxes
- $35,382
- Appliances
- Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Neighborhood
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $221,760
- Operating Expense
- 41986
Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..
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