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    Victoria Ave Los Angeles, CA 90043

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    For Sale
    $1,399,000

    Prime 17,860 sq ft lot for multi-family development.

    Property size:
    3,830 SF
    Lot size:
    0.41 Acres

    Property Features for Victoria Ave

    General Information

    Standard status
    Active
    Size
    3,830 SF
    Lot size
    0.41 Acres

    Building Details

    Year built
    1944

    Source: YOLANDA WASHINGTON Agent YOLANDA WASHINGTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Los Angeles

    This property presents a development opportunity with R3 zoning for multi-family residential use. The 17,860 sq ft (0.41 acres) lot is located within a Tier 3 Transit Oriented Communities (TOC) overlay, offering potential density bonuses and reduced parking requirements. The existing 3,830 sq ft building is currently used as office space by a non-profit organization. The property is located in a high-density residential zone and is suitable for multi-family development, affordable housing, or community-focused projects. This location offers strong upside potential for developers, investors, or mission-driven organizations.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.45922
    Latitude
    33.98828

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    FAQs

    What type of property is this?
    Commercial land - Prime 17,860 sq ft lot for multi-family development.
    Where is this commercial land located?
    The property is located at Victoria Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - Tier 3 TOC designation offers significant density bonuses and reduced parking requirements.; - R3 zoning allows for multi-family residential development.; - Large 17,860 sq ft lot size.
    Request Owner's contact information
    Victoria Ave Los Angeles, CA 90043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Victoria Ave Los Angeles, CA 90043
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