6401 Victoria Los Angeles, CA 90043-

2,750,000

6401-6407 S Victoria Ave is a 17-unit, two-parcelapartment offering in Hyde Park, delivering excellent inplace cash flow on 29,003 square feet of LAR3 land withseveral paths to add value.6401-6407 S Victoria is an excellent opportunity to acquire two adjoining parcels in Hyde Park, one of South Los Angeles’ most improvedneighborhoods. The offering has 17 units across buildings built in 1923 and 1953. The unitmix includes (6) 1 bed / 1 bath, (9) 2 bed / 1 bath and (2) 3 bed / 1 bath units, totaling 10,192square feet on a combined 29,003 square foot LAR3 zoned lot. The property alreadyproduces excellent in place cash flow and still has upside in the rents, with two 1 bed / 1bath units to be delivered vacant. The large lot gives a future investor several ways to addvalue, including ADUs or new construction.Hyde Park sits between Baldwin Hills, View Park and Leimert Park to the north andInglewood to the south, where the Hollywood Park district (SoFi Stadium and Intuit Dome)has become one of the region’s major sports and entertainment hubs. The Metro K Line’sHyde Park Station on Crenshaw Blvd connects tenants to the E Line, LAX and the broaderMetro system. Along the Crenshaw corridor, mixed-use and multifamily projects are beingbuilt near the station, and Destination Crenshaw, a 1.3 mile open air arts and culturecorridor, is taking shape. With its in place cash flow, large land footprint and growinglocation, the offering is a chance to own a long term asset in one of LA’s most rapidlyimproving submarkets.

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