Search
5449 Virginia Ave, Los Angeles, CA 90029
Image 2 for 5449 Virginia Ave, Los Angeles, CA 90029
Image 3 for 5449 Virginia Ave, Los Angeles, CA 90029
View Photos

5449 Virginia Ave Los Angeles, CA 90029

$1,850,000
  • 6 Beds
  • 10 Baths
  • 4,877 Sq.Ft.
For Sale
$1,850,000 Get Pre-Qualified
Map preview of 5449 Virginia Ave, Los Angeles, CA 90029

Property Overview: 5449 Virginia Ave Los Angeles, CA has 6 bedrooms, 10 bathrooms, 4,877 living square feet and 7,502 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: Amazing R4 TOC Development opportunity! Not Subject to RSO or LA Rent Control - Special Certificate! This property can either be remodeled or redeveloped with up to 40 units. *All units will receive an 8.8% increase on June 1st, 2024. 5449 Virginia is a 10 unit multifamily apartment building built in 1923 with 3,726 square feet of living space in two buildings on a 7,500 square foot lot with 8 parking spaces. Sold AS IS

Listed by Matthew Conrad | BRE #01871871 | Matthew Conrad
Last checked: 5 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 183
Get a $5,550 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,550 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23326201
City
Los Angeles
County
Los Angeles
Time on Site
180 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Leased Units: 10
  • # of Electric Meters: 10
  • # of Gas Meters: 10
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $7,007
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,086
  • Total Rent: $4,484
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.48%
  • Gross Rent Multiplier: 13.42
  • Gross Scheduled Income: --
  • Net Operating Income: $64,405
  • Gross Operating Income: $13,978,212
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 5449 Virginia Ave

No upcoming open houses

Schedule Tour

Property Details for 5449 Virginia Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Carpet
Kitchen Information
  • Has Appliances
  • Gas Oven, Range Hood
Interior Features
  • Levels: Two, One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 10
  • Parcel Number: 5536009008
  • Entry Level: 1
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: North Park TRACT LOT 26
  • Directions: ...
View more facts & features

Local Los Angeles Agent

Sale History for 5449 Virginia Ave

Last sold for $475,000 on October 28th, 2002

  • October, 2023

  • Oct 28, 2023

    Date

    Active

    CRMLS: 23326201

    $2,330,000

    Price

  • October, 2002

  • Oct 28, 2002

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

  • February, 1994

  • Feb 14, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5449 Virginia Ave

Assessed Value (2020): $629,355
Year Land Value Improved Value Assessed Value
2020 $397,288 $232,067 $629,355

Home Value Compared to the Market

This property vs the competition

5449 Virginia Ave is listed 49.68% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $379.33 per/sqft which puts the price per square foot 50.93% lower than the median price per square foot for the city of Los Angeles.

About 5449 Virginia Ave

Detailed summary of property

5449 Virginia Ave is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 6 bedrooms, 10 bathrooms, roughly 4,877 living square feet, and sits on an approximately 7,502 square foot lot. 5449 Virginia Ave was first listed on ArdentRealEstateGroup.com on October 30, 2023. The homeowner is currently asking $1,850,000 and was originally asking $2,330,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 49.68% higher than the median priced home. Local competing homes currently for sale include 1537 N Kingsley Dr, 812 N Van Ness Ave and 867 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 96 days, 5449 Virginia Ave has a days on market of 183 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5449 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 5449 Virginia Ave

Public county record property details
Beds
10
Baths
10
Year built
1923
Sq. Ft.
4,877
Lot Size
7,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5536-009-008

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
$1,199,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$711,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
32
Median Sale to List Price %
102.3%
Avg Days on Market
8
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Tour This Home

Buy with Ardent Real Estate Group and save $5,550.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $5,550 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,550 back.

Call/Text (714) 706-1823

Homes for Sale Near 5449 Virginia Ave

Nearby Homes for Sale

1000 N Oxford Ave, Los Angeles, CA 90029
$1,575,000
8 Beds
8 Baths
5350 Sq.Ft.
1000 N Oxford Ave
Los Angeles, CA 90029
5633 La Mirada Ave, Los Angeles, CA 90038
$1,700,000
14 Beds
8 Baths
3884 Sq.Ft.
5633 La Mirada Ave
Los Angeles, CA 90038
5500 Barton Ave, Los Angeles, CA 90038
$1,895,000
6 Beds
5 Baths
2816 Sq.Ft.
5500 Barton Ave
Los Angeles, CA 90038
5418 Lemon Grove Ave, Los Angeles, CA 90038
$1,895,000
9 Beds
9 Baths
4681 Sq.Ft.
5418 Lemon Grove Ave
Los Angeles, CA 90038
1120 N Van Ness Ave, Los Angeles, CA 90038
$1,595,000
16 Beds
10 Baths
3663 Sq.Ft.
1120 N Van Ness Ave
Los Angeles, CA 90038
947 N Ardmore Ave, Los Angeles, CA 90029
$1,500,000
17 Beds
16 Baths
3314 Sq.Ft.
947 N Ardmore Ave
Los Angeles, CA 90029
5229 Marathon St, Los Angeles, CA 90038
$1,995,000
8 Beds
8 Baths
6320 Sq.Ft.
5229 Marathon St
Los Angeles, CA 90038
800 N Hobart Blvd, Los Angeles, CA 90029
$1,650,000
5 Beds
4 Baths
2142 Sq.Ft.
800 N Hobart Blvd
Los Angeles, CA 90029

Recently Sold Homes Near 5449 Virginia Ave

5442 Virginia Ave, Los Angeles, CA 90029
$2,100,000 Last Sold Price
16 Beds
8 Baths
5670 Sq.Ft.
5442 Virginia Ave
Los Angeles, CA 90029
5425 Santa Monica Blvd, Los Angeles, CA 90029
$7,700,000 Last Sold Price
6 Beds
34 Baths
27192 Sq.Ft.
5425 Santa Monica Blvd
Los Angeles, CA 90029
5525-5527 Virginia Ave, Los Angeles, CA 90038
$3,200,000 Last Sold Price
22 Beds
22 Baths
13874 Sq.Ft.
5525-5527 Virginia Ave
Los Angeles, CA 90038
5353 Virginia Ave, Los Angeles, CA 90029
$1,000,000 Last Sold Price
3 Beds
2 Baths
2040 Sq.Ft.
5353 Virginia Ave
Los Angeles, CA 90029

Related Resources to 5449 Virginia Ave

New Listings in 90029
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call