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2636 Virginia Rd, Los Angeles, CA 90016
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2636 Virginia Rd Los Angeles, CA 90016

$3,250,000
  • 40 Beds
  • 33 Baths
  • 6,936 Sq.Ft.
For Sale
$3,250,000 Get Pre-Qualified
Map preview of 2636 Virginia Rd, Los Angeles, CA 90016

Property Overview: 2636 Virginia Rd Los Angeles, CA has 40 bedrooms, 33 bathrooms, 6,936 living square feet and 6,550 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Presenting 2636 Virginia Rd a newly constructed four-unit townhouse style units in prime Mid-City area. This is a rare opportunity considering the area's low inventory and a great property to add to your portfolio with a projected 4.62% Cap Rate in a thriving neighborhood. This is a 2022 build tri-level side-by-side units in two separate buildings located in the opportunity zone. A high demand investment opportunity featuring modern design, open and large floor plans, ample parking, rooftop decks (two units) with amazing views of the city! These beautifully designed townhomes consist of spacious (2) 4 Bed 4 Bath and (2) 4 Bed 3.5 Bath units each equipped with in unit laundry, Central A/C with Nest thermostats, balconies, individual water, electric, gas meters, stainless steel appliances installed, paid off solar panels. All highly attractive amenities for the tenants. The property is centrally located and minutes away from Downtown LA, Culver City and close to 10 freeway, giving easy access to all surrounding areas. This is an absolutely beautiful property. Call now for a viewing!

Listed by Susan Roberts | BRE #01944257 | Compass
Last checked: 2 minutes ago | Last updated: May 8th, 2024 | Source CRMLS | DOM: 565
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Home details

Lot Sq. Ft
6,550
HOA Dues
$0/mo
Year built
2022
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
22213147
City
Los Angeles
County
Los Angeles
Time on Site
566 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,800
  • Total Rent: $4,800
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $3,995
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $3,995
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.62%
  • Gross Rent Multiplier: 15.75
  • Gross Scheduled Income: --
  • Net Operating Income: $150,292
  • Gross Operating Income: $200,091
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2636 Virginia Rd

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Property Details for 2636 Virginia Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included
Room Information
  • Flooring: Laminate, Tile, Wood
  • Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Range, Oven
Interior Features
  • Open Floorplan, Living Room Balcony, Recessed Lighting, Tandem
  • Levels: Multi/Split
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Uncovered, Paved
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5050002003
  • Year Built Source: Seller
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: W Adams Blvd and Buckhingham
View more facts & features

Local Los Angeles Agent

Sale History for 2636 Virginia Rd

Last sold for $965,000 on March 11th, 2021

  • October, 2022

  • Oct 28, 2022

    Date

    Active

    CRMLS: 22213147

    $3,250,000

    Price

  • March, 2021

  • Mar 12, 2021

    Date

    Sold

    CRMLS: SB20042863

    $965,000

    Price

  • Feb 11, 2021

    Date

    Pending

    CRMLS: SB20042863

    $965,000

    Price

  • Jul 23, 2020

    Date

    Active Under Contract

    CRMLS: SB20042863

    $965,000

    Price

  • Jul 10, 2020

    Date

    Pending

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 24, 2020

    Date

    Active

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 23, 2020

    Date

    Hold

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 23, 2020

    Date

    Active

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 22, 2020

    Date

    Hold

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 22, 2020

    Date

    Active

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 21, 2020

    Date

    Hold

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 16, 2020

    Date

    Active

    CRMLS: SB20042863

    $965,000

    Price

  • Apr 16, 2020

    Date

    Hold

    CRMLS: SB20042863

    $965,000

    Price

  • Mar 3, 2020

    Date

    Active

    CRMLS: SB20042863

    $965,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Duplex in the heart of mid city Los Angeles. Property is being sold under the authority of the California Probate Code. This property will be sold "As Is" "Where Is." No improvements, upgrades or repairs will be made to the property. Currently, one unit is 3 bedroom, 2 bath occupied by the heirs and one unit is 2 bedroom, 1 bath occupied by a tenant.

  • May, 1994

  • May 9, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2636 Virginia Rd

Assessed Value (2020): $57,781
Year Land Value Improved Value Assessed Value
2020 $27,320 $30,461 $57,781

Home Value Compared to the Market

This property vs the competition

2636 Virginia Rd is listed 160.21% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $468.57 per/sqft which puts the price per square foot 39.46% lower than the median price per square foot for the city of Los Angeles.

About 2636 Virginia Rd

Detailed summary of property

2636 Virginia Rd is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 40 bedrooms, 33 bathrooms, roughly 6,936 living square feet, and sits on an approximately 6,550 square foot lot. 2636 Virginia Rd was first listed on ArdentRealEstateGroup.com on October 28, 2022. The homeowner is currently asking $3,250,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 160.21% higher than the median priced home. Local competing homes currently for sale include 2203 4th Ave, 2301 Hauser Blvd and 2525 Hauser Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2636 Virginia Rd has a days on market of 565 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2636 Virginia Rd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2636 Virginia Rd

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,854
Lot Size
6,549
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
79
APN
5050-002-003

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Recently Sold Homes Near 2636 Virginia Rd

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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