5741 Virginia Ave | Los Angeles, CA 90038
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- LoopNet Team
5741 Virginia Ave
Los Angeles, CA 90038
5% CAP & 12.86 GRM | Near Hollywood & Vine · Multifamily Property For Sale
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21 Units
Investment Highlights
- Attractive In-Place 5.00% CAP and 12.86 GRM Multifamily Opportunity in Dense Hollywood Location
- Select Units Upgraded with Wood Flooring, Granite Countertops, New Cabinets, Stainless Steel Appliances, and Remodeled Bathrooms
- Walk Score of 89 – Walking Distance to Several Shopping and Dining Destinations
- Located North of Santa Monica Boulevard, Less Than One Mile from Hollywood & Vine
- New Exterior Paint, New Fence, New Landscaping, New Driveway Gate
- Resurging Neighborhood Benefitting from Recent Massive Investments from Netflix and Blackrock
Property Facts
| No. Units | 21 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 11,599 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.81/1,000 SF |
| Zoning | LAR3-1 | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 11,599 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | LAR3-1 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Granite Countertops
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Pantry
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,024 | 400 |
| 1+1 | 18 | $1,431 | 550 |
| 2+1 | 1 | $2,295 | 900 |
Property Taxes
| Parcel Number | 5536-006-026 | Improvements Assessment | $1,378,771 |
| Land Assessment | $3,217,140 | Total Assessment | $4,595,911 |
Property Taxes
Parcel Number
5536-006-026
Land Assessment
$3,217,140
Improvements Assessment
$1,378,771
Total Assessment
$4,595,911
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