5741 Virginia Ave | Los Angeles, CA 90038
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This Multifamily Property is no longer advertised on LoopNet.com.
5741 Virginia Ave
Los Angeles, CA 90038
5% CAP & 12.86 GRM | Near Hollywood & Vine · Multifamily Property For Sale
·
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
Listing ID: 20677094
Date on Market: 8/19/2020
Last Updated:
Address: 5741 Virginia Ave, Los Angeles, CA 90038
The Hollywood Multifamily Property at 5741 Virginia Ave, Los Angeles, CA 90038 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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