CA > Los Angeles
Los Angeles, CA 90043,6313 S Victoria AVE
Los Angeles, CA 90043,6313 S Victoria AVE
Los Angeles, CA 90043,6313 S Victoria AVE
Los Angeles, CA 90043,6313 S Victoria AVE
Los Angeles, CA 90043,6313 S Victoria AVE
Los Angeles, CA 90043,6313 S Victoria AVE
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John Dandoy

John Dandoy

+1(909) 224-1278
$ 1,399,000
Est. payment | /mo

6 Beds

4 Baths

2,951 SqFt

Save
$ 1,399,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,951 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,951 sqft

Price per Sqft $474

MLS Listing ID 24415251

Bedrooms 6

HOA Y/N No

Year Built 1924

Lot Size 0.261 Acres

Property Description

Great investment opportunity for builders, investors and owner-users. Buy and hold or develop. ED1 Eligible. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). 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-term growth potential, making it a highly attractive investment opportunity. All information provided deemed reliable but not guaranteed. Buyer 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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Garage Covered, Driveway

Total Parking Spaces 6

Building

Entry Level One

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 4006008012

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Shamim Khorsand Mashhadi • RE/MAX ESTATE PROPERTIES
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 224-1278

jrdandoy@gmail.com

101 N Indian Hill Blvd STE C1-208, Claremont, California, 91711, United States

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6313 S Victoria AVE