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5353 Virginia Ave, Los Angeles, CA 90029
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5353 Virginia Ave Los Angeles, CA 90029

$1,000,000 Sold Price as of 04/08/2019
  • 3 Beds
  • 2 Baths
  • 2,040 Sq.Ft.
Sold
$1,000,000 Sold Price as of 04/08/2019 Refinance Your Mortgage
Map preview of 5353 Virginia Ave, Los Angeles, CA 90029

Property Overview: 5353 Virginia Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,040 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Development opportunity in Hollywood. 7,500 sf lot, 2,040 sf building, RD1.5, 50 ft x 150 ft. Duplex, front 2BR+1BA unit is vacant, back 1BR+1BA unit is rented to 1 long term tenant for $1,254. 1BR+1BA unit will be delivered with tenant in possession. Seller will not relocate tenant.

Listed by David Lee Ruest | BRE #02045144 | Keller Williams Realty Los Fel
Co-listed by Johnny Cho | BRE #01394690 | Keller Williams Realty Los Fel
Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18418088
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,254
  • Total Rent: $1,254
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $14,999
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5353 Virginia Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage, Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5537007023
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd, South of Fountain, East of Western, West of Normandie
View more facts & features

Local Los Angeles Agent

Sale History for 5353 Virginia Ave

Last sold on April 1st, 2020

  • April, 2020

  • Apr 1, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2019

  • Apr 8, 2019

    Date

    Sold

    CRMLS: 18418088

    $1,000,000

    Price

  • Mar 20, 2019

    Date

    Pending

    CRMLS: 18418088

    $950,000

    Price

  • Feb 16, 2019

    Date

    Active

    CRMLS: 18418088

    $950,000

    Price

  • Feb 1, 2019

    Date

    Pending

    CRMLS: 18418088

    $950,000

    Price

  • Dec 31, 2018

    Date

    Active

    CRMLS: 18418088

    $950,000

    Price

  • April, 2019

  • Apr 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

  • January, 2016

  • Jan 14, 2016

    Date

    Price Change

    CRMLS: 315010651

    $725,000

    Price

  • Oct 25, 2015

    Date

    Price Change

    CRMLS: 315010651

    $779,000

    Price

  • Listing provided courtesy of CRMLS

    Reduced ! Don't Miss out on this Ideal Investor opportunity.Spacious lot in up coming Hollywood development area. Front unit has 2 bedroom & 1 bath with a nice porch to enjoy morning coffees or a place to relax in the evening. Back unit has 1 bedroom & 1 bath with a huge yard to enjoy bbq's & gatherings. Property is tenant occupied & will be delivered Occupied. Tenants pay for their own gas & electric. Buyer to do their own investigation to satisfy themselves. Drive By Only* Please Do Not Disturb Tenants *

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Tax History for 5353 Virginia Ave

Assessed Value (2020): $1,020,000
Year Land Value Improved Value Assessed Value
2020 $714,000 $306,000 $1,020,000

Home Value Compared to the Market

This property vs the competition

5353 Virginia Ave sold on April 8, 2019 for 20.17% lower 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 $465.69 per/sqft which puts the price per square foot 38.32% lower than the current median sale per square foot for the city of Los Angeles.

About 5353 Virginia Ave

Detailed summary of property

5353 Virginia Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 2,040 living square feet, and sits on an approximately 7,500 square foot lot. 5353 Virginia Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,000,000. 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 20.17% lower than the current median priced home. Local homes that are currently for sale include 3456 Plata St, 2733 Council St and 6845 Alta Loma. While the average home in Los Angeles, CA is selling in 93 days, 5353 Virginia Ave has a days on market of 65 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5353 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 5353 Virginia Ave

Public county record property details
Beds
3
Baths
3
Year built
1918
Sq. Ft.
2,040
Lot Size
7,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5537-007-023

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
37
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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