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Brand-New 2026 Fourplex
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2847 S Victoria Ave, Los Angeles, CA 90016

Newly built fourplex with multiple townhome-style units, separately metered utilities, and a builder warranty.

Property Size6,339 SF
Price / SF$472.47
Days on Market53

Property Features for 2847 S Victoria Ave

General Information

Standard status Active
Size 6,339 SF
Class A
Total Parking Spaces 6
Property subtype Multifamily
Zoning LARD1.5
Occupancy 75%
Investment Type Stabilized
Net Operating Income $173,122

Financials

Cap Rate 5.87%
Business Included Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 2026
Buildings 2
Units 4
Tenancy Multi
Listing Agency: Myunits.com
Listed By: Lauren Cearley · License #02146823
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 9 at 3:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com

Investment Insights

Based on property information with market context.

2847 S Victoria Ave is a brand-new 2026-built fourplex offering four separately metered units, with each unit positioned to maximize space and functionality. The configuration includes three 4-bedroom townhome-style units and one 3-bedroom unit. The interiors are described as modern and open-concept, featuring high-end finishes, stainless-steel appliances, abundant natural light, and large windows. Residents also benefit from large front and rear-facing balconies and expansive living areas, supported by a sleek contemporary design package.

The property is presented as located in West Adams on a tree-lined street, with nearby access to restaurants noted in the Michelin Guide, including Highly Likely Cafe, Alta Adams, Mizlala, and Cento Pasta Bar. The listing notes that all units were leased within the last 45 days and provides an expectation for the remaining vacant unit.

For investors seeking a turnkey, low-maintenance multifamily asset, this fourplex is offered with a 1-year builder’s warranty and individually metered utilities, which may help support operating simplicity. The owner’s offering materials state annual rent is over $221k and include a projected cap rate of 5.87%, along with a stated target rent of $4,795 for the remaining vacant unit. The property is described as non-rent controlled.

Key Highlights

  • New 2026‑built fourplex (triplex + ADU in name only) with three 4‑bedroom townhome‑style units and one 3‑bedroom unit
  • Units leased within the last 45 days; projected to reach $4,795 rent on the remaining vacant unit
  • Separate utility meters for each unit to support efficient utility management

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,306
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Newly built fourplex with multiple townhome-style units, separately metered utilities, and a builder warranty.
Where is this quadplex located?
The property is located at 2847 S Victoria Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: New 2026‑built fourplex (triplex + ADU in name only) with three 4‑bedroom townhome‑style units and one 3‑bedroom unit; Units leased within the last 45 days; projected to reach $4,795 rent on the remaining vacant unit; Separate utility meters for each unit to support efficient utility management
(805) 973-7470 Call to check price and availability
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