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5235 Virginia Ave, Los Angeles, CA 90029
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5235 Virginia Ave Los Angeles, CA 90029

$2,995,000 Sold Price as of 06/21/2022
  • 16 Beds
  • 11 Baths
  • 6,288 Sq.Ft.
Sold
$2,995,000 Sold Price as of 06/21/2022 Refinance Your Mortgage
Map preview of 5235 Virginia Ave, Los Angeles, CA 90029

Property Overview: 5235 Virginia Ave Los Angeles, CA has 16 bedrooms, 11 bathrooms, 6,288 living square feet and 8,363 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking for a great investment opportunity in the heart of L.A.? This 2016-built fourplex located in the booming East Hollywood corridor just minutes from all the shops, entertainment, dining, studios, and offices of Hollywood, Silver Lake, Echo Park, and DTLA provides a prime revenue stream for the savvy investor. Three 4 bed 3 bath 1,600 +/- sq. ft. units and one 4 bed 2 bath 1,455 sq. ft. unit all offer spacious, open floor-plans featuring designer finishes, private laundry, stainless steel appliances, 2 parking spaces (1 covered), and are each equipped with separate water, gas, and electric meters. The Green Certified property also includes rain capturing LID containers, energy efficient appliances and fixtures, and drought tolerant landscaping. Take advantage of an income generating investment or utilize the property for a seamless 1031 exchange whatever you choose, this immaculately maintained fourplex is built for a maximum ROI.

Listed by Ori Harpaz | BRE #01872553 | Compass
Last checked: 4 minutes ago | Last updated: June 21st, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
8,363
HOA Dues
$0/mo
Year built
2016
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22135255
City
Los Angeles
County
Los Angeles
Time on Site
794 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,590
  • Total Rent: $3,590
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,965
  • Total Rent: $3,965
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,852
  • Total Rent: $3,852
  • Pro Forma/Market Rent: $4,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.4
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $182,484
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gardener: $1,200

Property Details for 5235 Virginia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage, Parking Space
Property Information
  • Total # of Units: 4
  • Parcel Number: 5537010022
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd. West of Kingsley Dr.
View more facts & features

Local Los Angeles Agent

Sale History for 5235 Virginia Ave

Last sold for $2,995,000 on June 21st, 2022

  • June, 2022

  • Jun 21, 2022

    Date

    Sold

    CRMLS: 22135255

    $2,995,000

    Price

  • Mar 14, 2022

    Date

    Active

    CRMLS: 22135255

    $2,995,000

    Price

  • January, 2017

  • Jan 18, 2017

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

  • October, 2015

  • Oct 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

Show More

Tax History for 5235 Virginia Ave

Assessed Value (2020): $2,334,657
Year Land Value Improved Value Assessed Value
2020 $1,061,208 $1,273,449 $2,334,657

Home Value Compared to the Market

This property vs the competition

5235 Virginia Ave sold on June 21, 2022 for 151.68% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $476.3 per/sqft which puts the price per square foot 36.91% lower than the current median sale per square foot for the city of Los Angeles.

About 5235 Virginia Ave

Detailed summary of property

5235 Virginia Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 16 bedrooms, 11 bathrooms, roughly 6,288 living square feet, and sits on an approximately 8,363 square foot lot. 5235 Virginia Ave was first listed on ArdentRealEstateGroup.com on March 14, 2022. The homeowner sold the property for $2,995,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 151.68% higher than the current median priced home. Local homes that are currently for sale include 4520 Willow Brook Ave, 1137 N Madison Ave and 542 N Kenmore Ave. While the average home in Los Angeles, CA is selling in 94 days, 5235 Virginia Ave has a days on market of 18 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 5235 Virginia Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5235 Virginia Ave

Public county record property details
Beds
16
Baths
11
Year built
2016
Sq. Ft.
6,047
Lot Size
8,362
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5537-010-022

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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