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6122 S Victoria Avenue, Los Angeles, CA 90043

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For Sale

$1,995,000

5 beds • 3 baths • 2,051 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $972.70
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This is an affordable housing development opportunity at 6122 S Victoria Ave just south of Downtown Los Angeles. The 11,377 Sq ft Lot is being sold as vested project almost Ready To Issue (RTI) for 84 units. There is currently an existing 2,051 sq ft structure, 11,377 Sq ft Lot, and ZONED LAR3 that will be delivered vacant at the close of escrow. Plans call for a proposed 5 story. 100% Affordable housing (Low Income) Total of 84 unit apartments, 15 studios (100 SF) and 69 One-bedroom units (100 SF) with no parking required and no parking provided. Total zoning Area 38,337 SF. This is a cost-efficient design Type V construction Located in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!
MLS# DW24087653

Courtesy Of eXp Realty of California, Inc.

(888) 832-7179

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Heating System
    Central Furnace
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Family Room, Full Bath, Kitchen, Living Room
  • View Type
    City

Map and Directions

Directions to 6122 S Victoria Avenue, Los Angeles, CA 90043

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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