This Multifamily Property is no longer advertised on LoopNet.com.

5525-5527 Virginia Ave
Los Angeles, CA 90038
Multifamily Property For Sale · 18 Units

Investment Highlights

  • Two 9-Unit Multifamily Investments in East Hollywood
  • Priced at $236,111/Unit and $306/Sqft
  • 48% Rental Upside | 4.24% Cap Rate to be a ~9% Cap Rate

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 13,874 SF
No. Stories 2
Year Built 1961
Parking Ratio 0.5/1,000 SF
Zoning R4, Los Angeles

Amenities

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 500
1+1 12 - 750
2+2 4 - 950

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5536-008-017
  • 5536-008-016
Land Assessment
$1,958,400
Improvements Assessment
$1,305,600
Total Assessment
$3,264,000
  • Listing ID: 28283383

  • Date on Market: 4/20/2023

  • Last Updated:

  • Address: 5525-5527 Virginia Ave, Los Angeles, CA 90038

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