6214 S Victoria Avenue
Property Overview
We are proud to introduce an exceptional multifamily investment opportunity: a 12 unit value add asset located at 6214 South Victoria Avenue in the vibrant Hyde Park neighborhood. This offering presents significant upside potential, with projected rental upside of approximately 42%, all while being offered at an attractive 6.12% Cap Rate and $180 per sf, a compelling combination for investors seeking both stability and growth. Property highlights include: 12 Units Total (2) spacious 2 Bed / 2 Bath units, (9) well appointed 1 Bed / 1 Bath units, and (1) Studio. 9,405 SF Building featuring front balconies, generous floor plans, and one parking space per unit. Additional Income Stream from onsite, leased laundry facilities. Strong Building Systems with individual gas & electric meters, and completed soft story seismic retrofit. LOCATION ADVANTAGES: With a Walk Score of 74, residents enjoy convenient access to daily essentials, neighborhood amenities, and local retail, many within walking distance. The property is ideally positioned near public transit, including the nearby Metro line, and is surrounded by schools and community resources serving Hyde Park and Leimert Park. This connectivity enhances tenant demand and long term rental performance.
Home Details
- Property type
- Residential Income
- Year built
- 1964
- Living area
- 9,405 sq ft
- Lot size
- 11,373 sq ft
- Parking
- 12 spaces
- Days on market
- 55
- MLS status
- Active
- Zoning
- LAR3
Features & Amenities
Parking
- Covered
Community, Schools & Utilities
Utilities
- Heating
- ForcedAir
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 6214 S Victoria Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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