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5741 Virginia Ave
Los Angeles, CA 90038
10.99 GRM & $216K/Unit | Retrofit Completed · Multifamily Property For Sale · 21 Units

INVESTMENT HIGHLIGHTS

  • Attractively Priced at a Current 10.99 GRM and Only $216,476 per Unit
  • Select Units Upgraded with Wood Flooring, Granite Countertops, New Cabinets, Stainless Steel Appliances, and Remodeled Bathrooms
  • Recently Improved Exterior Landscaping, Fence, and Driveway Gate
  • All Seismic Retrofit Repairs Completed (Buyer to Verify)
  • Excellent Hollywood Rental Market -- Adjacent to Hancock Park, Melrose Hill, and Koreatown
  • Blocks from New Netflix ICON Tower at Sunset Bronson Studios

PROPERTY FACTS

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 $1,075 400
1+1 18 $1,502 550
2+1 1 $2,205 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5536-006-026
Land Assessment
$3,217,140
Improvements Assessment
$1,378,771
Total Assessment
$4,595,911
  • Listing ID: 32694664

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 5741 Virginia Ave, Los Angeles, CA 90038

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