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Listing Details

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School Ratings & Info

Description

Virginia Apartments is a 21-unit multifamily property featuring three stories and the next adjacent lot parking. The property was constructed in 1929 and offers17,088 square of improvements on a +/- 12,513 square foot two lots. This property has a strong unit mix of 4 Studio, 10 One Bedroom, 7 Two Bedroom units, east side additional lot, approximately 24 parking spaces, and individually metered units electric. All units have wall-mounted heating and cooling units, mostly electric stoves, new dual pane vinyl windows. The property has one central water heater. New ownership can add additional value by renovating unit interiors and common areas to push market rents.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T20:42:37.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.haciendagroupinc.com/homes/120913095
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5437 W Virginia Ave Los Angeles, CA 90029

  • Price: $4,700,000
  • Status: Active
  • Updated: 40 min ago
  • MLS #: 21-777694
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Beds
0
Baths
0
½ Baths
0.17
Acres
17,088
SQFT
$275
$/SQFT
1929
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
Virginia Apartments is a 21-unit multifamily property featuring three stories and the next adjacent lot parking. The property was constructed in 1929 and offers17,088 square of improvements on a +/- 12,513 square foot two lots. This property has a strong unit mix of 4 Studio, 10 One Bedroom, 7 Two Bedroom units, east side additional lot, approximately 24 parking spaces, and individually metered units electric. All units have wall-mounted heating and cooling units, mostly electric stoves, new dual pane vinyl windows. The property has one central water heater. New ownership can add additional value by renovating unit interiors and common areas to push market rents.
Exterior Features

Direction Faces South Lot Size Area 7500 Other Structures None Parking Garage Attached Style Contemporary Total Parking 24 View Description CityCity Lights View YN Yes Water Frontage None

Interior Features

Baths Total 0.00 Cooling Air Conditioning Equipment Other Heating Electric

Property Features

Assessed Total Value 2001736 Gross Income 360000 Gross Operating Income 0 Like Units1 4 Like Units2 10 Like Units3 7 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 21 Owner Pays GardenerWaterGas Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays Electricity Total Annual Expense 0 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Andrew Cha DRE#01327638 of Andrew Cha.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T20:42:37.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253