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$1,500,000   Price Analysis
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6313 S Victoria Ave
Los Angeles, CA 90043
6 bed 4 bath 2,951 SqFt ($508/SqFt)
0.26 acre lot. Built 1924
Listed 2024-07-15, Taxes $9,755
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Great investment opportunity for builders

Investors and owner-users. Buy and hold or develop. 3 of 4 units may be delivered vacant. Units mix is two 1/1 and two 2/1. An exceptional development opportunity. This R3-1 zoned property, designated as a TOC Tier 3 site, offers substantial incentives for increased density and reduced parking requirements. With a generous lot size and significant allowable floor area, this parcel is ideal for developers looking to create a high-density, multifamily residential project in a promising area of Los Angeles.Key Features include ample Buildable Space: The property spans 11, 384 sq.

ft. with a buildable square footage of 34, 152 sq. ft., offering substantial room for development. Optimized Density and Parking Efficiency: Benefit from a 70% increase in allowable density and a 50% reduction in parking requirements, enhancing the project's feasibility and profitability. Its proximity to major transportation routes and urban amenities ensures strong demand and long-te rm growth potential, making it a highly attractive investment opportunity. All information provided deemed reliable but not guaranteed. Buyr and buyers agent to investigate all building and zoning requirements including but not limited to lot size, to their satisfaction. Call listing agent for additional details on current rent roll.


Presented by shamim khorsand mashhadi at
RE/MAX Estate Properties.
Listing Agent Photo

Property MLS #24-415251 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Wall

Other Structures: Shed(s)

Lot Size Acres: 0.2613407
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 11384

Garage Description: Covered Parking, Driveway
Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 4

Source Listing Status: Active
County: Los Angeles
Directions: From Slauson South on West to Hyde Park, left to Victoria Left.
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 4006-008-012
Postal Code Plus 4: 3909
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$155,573 + $620,194
$775,767
$9,755
2021$152,523 + $608,034
$760,557
$9,626
2020$157,058 + $626,112
$783,170
$10,084
2019$153,979 + $613,836
$767,815
$9,701
2018$150,960 + $601,800
$752,760
$9,486
2017$200,000 + $355,000
$555,000
$7,105
2016$181,218 + $269,238
$450,456
$5,808
2015$178,496 + $265,194
$443,690
$5,728
2014$175,000 + $260,000
$435,000
$5,775
2013$137,332 + $205,999
$343,331
$4,672
2012$134,640 + $201,960
$336,600
$4,732
2010$171,728 + $307,572
$479,300
$6,534
2009$170,850 + $306,000
$476,850
$6,299
2009$170,445 + $305,274
$475,719
$6,299
2008$212,241 + $350,198
$562,439
$7,171
2007$208,080 + $343,332
$551,412
$6,937

Listed 2024-07-15
$1,500,000
TheMLSCLAW
Listing removed 2024-07-09
$0
TheMLSCLAW
Listed 2024-06-15
$1,300,000
TheMLSCLAW
Listing removed 2022-01-25
$0
CRISNET
Listing removed 2022-01-14
$0
CRISNET
Sold 2022-01-13
$1,066,000
Public Record
Listing removed 2022-01-13
$0
CRISNET
Relisted 2021-12-02
$950,000
CRISNET
Listing removed 2021-11-30
$0
CRISNET
Listed 2021-11-20
$950,000
CRISNET
Listing removed 2016-05-20
$555,000
CRISNET
Sold 2016-05-17
$555,000
CRISNET
Listed 2016-03-09
$555,000
CRISNET
Sold 2013-10-02
$435,000
Public Record
Listing removed 2013-09-02
$435,000
CRMLS
Listed 2013-05-17
$435,000
CRMLS
Listing removed 2010-05-08
$439,000
TheMLSCLAW
Listing removed 2010-05-03
$439,000
ITECH
Listing removed 2010-03-17
$449,000
ITECH
Listed 2010-03-12
$439,000
ITECH
Listed 2010-03-12
$439,000
TheMLSCLAW
Listing removed 2009-10-22
$579,000
ITECH
Listing removed 2009-08-01
$449,000
TheMLSCLAW
Price Changed 2009-07-15
$449,000
TheMLSCLAW
Price Changed 2009-06-04
$479,000
TheMLSCLAW
Price Changed 2009-04-05
$499,000
TheMLSCLAW
Listed 2009-04-04
$539,000
TheMLSCLAW
Listed 2009-03-17
$449,000
ITECH
Listed 2008-10-22
$579,000
ITECH
Listing removed 2008-07-25
$579,000
ITECH
Listed 2008-04-24
$579,000
ITECH
Listing removed 2008-02-29
$650,000
ITECH
Listing removed 2008-02-28
$650,000
ITECH
Listed 2007-08-30
$650,000
ITECH
Listed 2007-08-30
$650,000
ITECH
Sold 2003-04-24
$289,000
Public Record
Sold 1999-08-02
$185,000
Public Record
Sold 1985-12-20
$118,000
Public Record

Total Square Feet Living: 2951
Year Built: 1924
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 100
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven, Refrigerator

Yes Academy is a public elementary school located approximately 0.3 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 1 miles away.
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Horace Mann Ucla Community is a public middle and high school located approximately 1.3 miles away.
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Golden Day Schools #2 is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.