4351 Victoria Park Pl - Apartments FOR SALE


Los Angeles, CA 90019
$2,850,000 USD
213-302-8662
4351 Victoria Park Pl, Los Angeles, CA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/83
null | 5.54% Cap Rate

4351 Victoria Park Pl
Los Angeles, CA 90019


HIGHLIGHTS

  • Located in Victoria Park, a coveted residential area surrounded by gorgeous historical homes. New const. is hard to come by in this residential area!
  • SFR's of significantly smaller sq ft. sell for 2-3M nearby. 4351 Victoria Park is an almost 3,000 SF home PLUS two 4 bed townhomes for only $2,850,000
  • Highly desirable Victoria Park Pl, a beautiful circle made up of gorgeous traditional homes, reminiscent of the golden years of Hollywood!
  • Located walking distance to the Midtown Shopping Center and Target. Less than 1 mile to Ulta, Lowes, Starbucks, Olive Garden, Sprouts and more.
  • This is a DREAM property for owner-occupiers. Live a life of absolute luxury in the expansive front home while having tenants pay your mortgage!

OVERVIEW

The 2-4 Unit Specialists are pleased to present 4351 Victoria Park Place, a brand-new construction triplex located in the heart of the prestigious Victoria Park neighborhood. This property offers a unique opportunity for owner-occupiers to live in a massive, luxurious home while generating rental income to offset or fully cover the mortgage. The front home is a sprawling 5-bedroom, 5.5-bathroom residence spanning nearly 3,000 square feet, designed with premium finishes, multiple balconies, and an expansive open floorplan that perfectly balances modern luxury with timeless charm. In addition to the main residence, the property includes two additional 4-bedroom, 4-bathroom townhomes, thoughtfully situated in a separate building to provide privacy for both owners and tenants. These units feature massive tenant-friendly layouts, private washers and dryers, top-of-the-line finishes, and a rear yard, ensuring easy management and high rental demand. At just $2,850,000, this property offers significantly more space, luxury, and earning potential than similarly priced older homes in the area, which often require extensive maintenance and lack the modern conveniences of new construction. For those of you looking strictly for investment potential, we project a cap rate of 5.54% if you rent out all three units. Nestled on the iconic Victoria Park Place, a picturesque circular street lined with historic homes, this property blends seamlessly into its architecturally significant surroundings. The location provides the perfect combination of tranquility and convenience, with walking distance to the Midtown Shopping Center and easy access to Downtown Los Angeles, Culver City, and Koreatown. With a one-year builder’s warranty, minimal maintenance, tenant-paid utilities, a coveted location, and unmatched luxury, 4351 Victoria Park Place is a truly rare financial opportunity for both owner-occupiers and investors alike.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$462 USD /SF

# OF UNITS

3

PRICE/UNIT

$950,000

CAP RATE

5.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2,922 SF LUXURY 5 BED SFR + 2 MASSIVE UNITS I

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,305 SF

ZONING

LAR2

APN/PARCEL ID

5082-014-025

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.comMore Info
213-302-8662

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Lauren CearleyMyunits.comMore Info
213-302-8662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.