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6214 S Victoria Ave
Los Angeles, CA 90043 Park Mesa Heights

$1,749,000 USD

Apartments For Sale • 9,405 SF

Property Details

Property Type Apartments
Total Building Size 9,405 SF
Lot Size 0.26 AC
Building Class C
Year Built 1964
Cap Rate 6.21 %
Zoning R3

70 Transit Score

60 Walk Score

                
                    Highlights
                
                                Current rents are ~38% below market, providing immediate upside through organic lease-up and unit turns.
                            
                                Unit mix features (2) 2 Bed units, (9) 1 Bed units, and (1) Studio.
                            
                                Major capital improvements are already complete, including soft-story seismic retrofit, all-copper plumbing, and individual metering.
                            
                                Located in the Hyde Park submarket near Leimert Park, benefitting from strong rental demand and a walkable neighborhood.

Financial Summary (Actual)

Net Operating Income: $108,659 USD (2026)

Cap Rate:	6.21 %
Total Expenses:	$82,895 USD

Amenities

Balcony
Storage Space

Public Transportation

Transit/Subway	Drive	Walk	Distance
Hyde Park Station (Metro K-Line - Metro - Los Angeles)	1 min	8 min	0.4 mi
Fairview Heights Station (Metro K-Line - Metro - Los Angeles)	3 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Los Angeles International	13 min	-	6.4 mi
Bob Hope	32 min	-	18.3 mi
Long Beach (Daugherty Field)	29 min	-	20.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Covered
Included in Rent:	Yes

Joshua Cohen 310-480-2130 The Cohen Group

6214 S Victoria Ave Los Angeles, CA 90043 Park Mesa Heights