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2847 S Victoria Ave - 2026 Fourplex in West Adams 75% LEASED NOW! 4 Unit Apartment Building Offered at $2,995,000 at a 5.80% Cap Rate Los Angeles, CA 90016
Investment Highlights
- ALREADY 75% LEASED! Making you money on day 1!
- Located in ultra trendy and highly sought after West Adams- A major draw for A+ tenants! Outstanding cap rate of 5.80%!
- Ideal unit mix of three 4 bedrooms and one 3 bedroom! High income producing property! All units separately metered. Tenants pay all utilities, making
- NO RENT CONTROL!
- One of the best priced luxury new construction fourplexes in the Mid-City/West Adams area.
- Dream 1031 exchange opportunity. Low maintenance and high return.
Executive Summary
The 2-4 Unit Specialists are excited to present 2847 S Victoria Ave, a brand-new 2026-built, non-rent controlled, fourplex in the heart of West Adams, one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street steps from Michelin guide noted restaurants such as Highly Likely Café, Alta Adams, Mizlala, and Cento Pasta Bar! With prime location, tenant friendly layouts and the best curb appeal in mid-city, this stunning property is generating over $221k in annual rent, offering a strong projected cap rate of 5.80% and exceptional return on investment.
The fourplex (triplex + ADU "in name only") consists of three spaciou 4-bedroom townhomes and one 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience.
Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters. All units have been leased within the last 45 days and we are projected to achieve $4,795 on the remaining vacant unit. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low maintenance design, upscale units, and unbeatable location, 2847 S Victoria Ave is an exceptional opportunity for investors looking to secure a premium property in
a fast-growing market.
This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods, don’t miss out!
The fourplex (triplex + ADU "in name only") consists of three spaciou 4-bedroom townhomes and one 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience.
Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters. All units have been leased within the last 45 days and we are projected to achieve $4,795 on the remaining vacant unit. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low maintenance design, upscale units, and unbeatable location, 2847 S Victoria Ave is an exceptional opportunity for investors looking to secure a premium property in
a fast-growing market.
This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods, don’t miss out!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$221,760
|
$34.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,653
|
$1.05
|
| Effective Gross Income |
$215,107
|
$33.93
|
| Taxes |
$35,922
|
$5.67
|
| Operating Expenses |
$5,336
|
$0.84
|
| Total Expenses |
$41,258
|
$6.51
|
| Net Operating Income |
$173,849
|
$27.43
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $221,760 |
| Annual Per SF | $34.98 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $6,653 |
| Annual Per SF | $1.05 |
| Effective Gross Income | |
|---|---|
| Annual | $215,107 |
| Annual Per SF | $33.93 |
| Taxes | |
|---|---|
| Annual | $35,922 |
| Annual Per SF | $5.67 |
| Operating Expenses | |
|---|---|
| Annual | $5,336 |
| Annual Per SF | $0.84 |
| Total Expenses | |
|---|---|
| Annual | $41,258 |
| Annual Per SF | $6.51 |
| Net Operating Income | |
|---|---|
| Annual | $173,849 |
| Annual Per SF | $27.43 |
Property Facts
| Price | $2,995,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $748,750 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 6,339 SF |
| Cap Rate | 5.80% | Average Occupancy | 75% |
| Gross Rent Multiplier | 13.51 | No. Stories | 3 |
| No. Units | 4 | Year Built | 2026 |
| Property Type | Multifamily | ||
| Zoning | Lard1.5 | ||
| Price | $2,995,000 |
| Price Per Unit | $748,750 |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| Gross Rent Multiplier | 13.51 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Lot Size | 0.12 AC |
| Building Size | 6,339 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | Lard1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Freezer
- Island Kitchen
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
2847 S Victoria Ave - 2026 Fourplex in West Adams 75% LEASED NOW!