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5527 Virginia Ave, Los Angeles, CA 90038
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5527 Virginia Ave Los Angeles, CA 90038

$3,200,000 Sold Price as of 08/10/2023
  • 22 Beds
  • 22 Baths
  • 13,874 Sq.Ft.
Sold
$3,200,000 Sold Price as of 08/10/2023 Refinance Your Mortgage
Map preview of 5527 Virginia Ave, Los Angeles, CA 90038

Property Overview: 5527 Virginia Ave Los Angeles, CA has 22 bedrooms, 22 bathrooms, 13,874 living square feet and 15,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Anna Kampling | BRE #01980581 | Colliers International Greater Los Angel
Last checked: 12 minutes ago | Last updated: August 10th, 2023 | Source CRMLS | DOM: 82

Home details

Lot Sq. Ft
15,000
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23275245
City
Los Angeles
County
Los Angeles
Time on Site
341 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 18
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,432
  • Total Rent: $17,181
  • Pro Forma/Market Rent: $28,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,908
  • Total Rent: $7,633
  • Pro Forma/Market Rent: $10,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.19%
  • Gross Rent Multiplier: 12.2
  • Gross Scheduled Income: --
  • Net Operating Income: $169,708
  • Gross Operating Income: $326,629
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5527 Virginia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Gated, Covered
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 18
  • Parcel Number: 5536008016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Take the 101 S freeway to Lexington ave, then turn left at the 1st cross street onto N St Andrews Pl, then turn left at the 1st cross street onto Virginia Ave to reach the property.
View more facts & features

Local Los Angeles Agent

Sale History for 5527 Virginia Ave

Last sold for $3,200,000 on August 10th, 2023

  • August, 2023

  • Aug 10, 2023

    Date

    Sold

    CRMLS: 23275245

    $3,200,000

    Price

  • Mar 23, 2023

    Date

    Active

    CRMLS: 23275245

    $4,050,000

    Price

  • March, 2006

  • Mar 24, 2006

    Date

    Sold (Public Records)

    Public Records

    $2,171,500

    Price

  • December, 2004

  • Dec 1, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5527 Virginia Ave

Assessed Value (2020): $1,359,793
Year Land Value Improved Value Assessed Value
2020 $1,124,607 $235,186 $1,359,793

Home Value Compared to the Market

This property vs the competition

5527 Virginia Ave sold on August 10, 2023 for 223.53% 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 $277.5 per/sqft which puts the price per square foot 63.25% lower than the current median sale per square foot for the city of Los Angeles.

About 5527 Virginia Ave

Detailed summary of property

5527 Virginia Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 22 bedrooms, 22 bathrooms, roughly 13,874 living square feet, and sits on an approximately 15,000 square foot lot. 5527 Virginia Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $3,200,000. 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 223.53% higher than the current median priced home. Local homes that are currently for sale include 6222 Banner Ave, 444 N Lucerne Blvd and 326 S Wilton Pl. While the average home in Los Angeles, CA is selling in 93 days, 5527 Virginia Ave has a days on market of 82 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 5527 Virginia Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5527 Virginia Ave

Public county record property details
Beds
10
Baths
11
Year built
1961
Sq. Ft.
6,937
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5536-008-016

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 5527 Virginia Ave

1162 N St Andrews Pl, Los Angeles, CA 90038
$1,030,000 Last Sold Price
1 Beds
1 Baths
3024 Sq.Ft.
1162 N St Andrews Pl
Los Angeles, CA 90038
5536 Lexington Ave, Los Angeles, CA 90038
$1,650,000 Last Sold Price
9 Beds
4 Baths
4864 Sq.Ft.
5536 Lexington Ave
Los Angeles, CA 90038
5540 Lexington Ave, Los Angeles, CA 90038
$1,885,000 Last Sold Price
8 Beds
4 Baths
5334 Sq.Ft.
5540 Lexington Ave
Los Angeles, CA 90038
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

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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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