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6124 S Victoria Avenue Los Angeles, CA 90043
$1,395,000 8 beds, 5 baths
4, 049 sqft
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Iliana Tsai REALTORĀ® - Sales Associate 714-272-9632 m
949-794-5795 o
Lic#: 02137167
NRDS ID: 205577433
IlianaTsai@bhhscal.com
Text Me
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Lic#: 02137167
NRDS ID: 205577433
IlianaTsai@bhhscal.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Agent Remarks

CALLING ALL INVESTORS. FIXER OPPORTUNITY! Presenting a rare investment and development opportunity in the rapidly transforming Park Mesa neighborhood of Los Angeles. This highly sought-after area is experiencing significant growth, with numerous developments currently underway, making it an ideal acquisition for investors, developers, and long-term hold buyers alike. The property's most compelling feature is that it will be delivered mostly vacant, creating immediate flexibility and multiple exit strategies. Investors can renovate and lease the oversized units at current market rents. Alternatively, developers can capitalize on the area's strong development momentum by pursuing a ground-up redevelopment project of up to 84 units (Buyers to check with the city). In addition to a full redevelopment play, buyers may explore the possibility of adding additional units to the rear of the oversized lot, creating a larger multifamily asset while maintaining existing improvements. Buyers should conduct their own due diligence regarding development potential and zoning opportunities( Zoned R3). The existing property consists of five exceptionally large apartment units, each featuring a dedicated one-car garage and private laundry area, amenities that are increasingly difficult to find in today's rental market. The generous unit sizes and functional layouts provide strong appeal for future tenants and support premium rental rates. Whether you're seeking a cash-flowing multifamily asset, a value-add repositioning opportunity, or a future development site in one of Los Angeles' emerging growth corridors, this property offers a combination of flexibility, location, and upside rarely available in today's market. 4 units will be delivered vacant. The final tenant is open to moving.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26861063
List price is $1,395,000
Beds: 8
Baths: 5
None fireplaces
Built in 1916
4,049 sqft
2 stories
0.26 acres
Lot size: 0.2611
County: Los Angeles
Zoning: LAR3
Heating/cooling: None
Heating description: Wall Furnace
MLS area: PHHT - Park Hills Heights

Last Updated: 7/23/2026

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 Find more homes in 90043 zip code

This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 33.983740, -118.331911.
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Listing Agent: Magaly Gordon
Lic#: 02137167
Office Name: Newport Beach

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Iliana Tsai REALTORĀ® - Sales Associate 714-272-9632 m
949-794-5795 o
Lic#: 02137167
NRDS ID: 205577433
IlianaTsai@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 02137167
NRDS ID: 205577433
IlianaTsai@bhhscal.com

Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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