5533 Virginia Ave Los Angeles, CA 90038

$--

4 Beds
3 Baths
2,520 Sq.Ft.

Off Market

Map preview of 5533 Virginia Ave, Los Angeles, CA 90038

Property Overview: 5533 Virginia Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,520 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5533 Virginia Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5533 Virginia Ave

Last sold on September 14th, 2017

September, 2020
Sep 21, 2020

Date

Canceled

CRMLS: 20614848

$1,475,000

Price
Sep 14, 2020

Date

Price Change

CRMLS: 20614848

$1,475,000

Price
Sep 7, 2020

Date

Price Change

CRMLS: 20614848

$1,495,000

Price
Aug 25, 2020

Date

Price Change

CRMLS: 20614848

$1,500,000

Price
Aug 22, 2020

Date

Price Change

CRMLS: 20614848

$1,575,000

Price
Aug 6, 2020

Date

Active

CRMLS: 20614848

$1,595,000

Price
Listing provided courtesy of CRMLS

Landlord has demolished the property. Per LA city the land is zoned R4-1VL with a base density to build 18 apartments and 45 feet height. Opportunity zone. Owner has plans that are approved for a 15 unit all one bedrooms. Property is subject to SB330.

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September, 2020
Sep 21, 2020

Date

Canceled

CRMLS: 20614390

$1,475,000

Price
Sep 14, 2020

Date

Price Change

CRMLS: 20614390

$1,475,000

Price
Sep 7, 2020

Date

Price Change

CRMLS: 20614390

$1,495,000

Price
Aug 25, 2020

Date

Price Change

CRMLS: 20614390

$1,500,000

Price
Aug 22, 2020

Date

Price Change

CRMLS: 20614390

$1,575,000

Price
Aug 5, 2020

Date

Active

CRMLS: 20614390

$1,595,000

Price
Listing provided courtesy of CRMLS

Vacant land landlord has already finished demolition. Per LA City, the property is zoned R4-1VL with a base density of 18 apartments and 45 foot height. Opportunity zone. Owner has plans that are approved for a 15 unit all one bedrooms. Property is subject to SB330.

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August, 2018
Aug 1, 2018

Date

Expired

CRMLS: 18341418

$1,795,000

Price
Jul 11, 2018

Date

Price Change

CRMLS: 18341418

$1,795,000

Price
Jun 13, 2018

Date

Price Change

CRMLS: 18341418

$1,900,000

Price
May 19, 2018

Date

Active

CRMLS: 18341418

$1,995,000

Price
Listing provided courtesy of CRMLS

5533 Virginia Avenue, a development opportunity located in the heart of East Hollywood, which borders three thriving submarkets - Hollywood, Koreatown and Silverlake. The property is currently zoned R4 and there are plans in place for 24 apt units. This strategic position offers a location with compelling fundamentals, abundant entertainment and dining amenities and convenient access to employment centers. Since the late 1990s, the immediate neighborhood has emerged as a highly desirable rental community with renters flocking to the area and a myriad of culinary and nightlife options opening to meet this new demand. The convenience, accessibility and visibility of the property makes 5533 Virginia Avenue a strong investment opportunity in an up and coming area in Los Angeles, Ca.

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May, 2018
May 19, 2018

Date

Canceled

CRMLS: 18329666

$1,995,000

Price
May 7, 2018

Date

Withdrawn

CRMLS: 18329666

$1,995,000

Price
May 7, 2018

Date

Price Change

CRMLS: 18329666

$1,995,000

Price
Apr 4, 2018

Date

Active

CRMLS: 18329666

$2,300,000

Price
Listing provided courtesy of CRMLS

5533 Virginia Avenue Presents an attractive development opportunity located in the heart of East Hollywood, which borders three thriving submarkets - Hollywood, Koreatown and Silverlake. Currently going through the entitlement process for 24-units, composed of two studio units, 21 one-bedroom units and one two-bedroom/ unit.

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September, 2017
Sep 14, 2017

Date

Sold (Public Records)

Public Records

--

Price
April, 2013
Apr 26, 2013

Date

Sold (Public Records)

Public Records

$316,500

Price

Tax History for 5533 Virginia Ave

Assessed Value (2020): $456,020

Year	Land Value	Improved Value	Assessed Value
2020	$450,392	$5,628	$456,020

About 5533 Virginia Ave

Detailed summary of property

5533 Virginia Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90038 and is currently off market. This property has 4 bedrooms, 3 bathrooms, roughly 2,520 living square feet, and sits on an approximately 7,500 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 935 N Kingsley Dr, 918-1 N Ridegwood Pl and 800 N Hobart. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 5533 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 5533 Virginia Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1924
Sq. Ft.: 2,520
Lot Size: 7,500
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5536-008-015

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.

$666

Median Sold Price

$1,089,000

Median Sold Price/Sq.Ft.

$642

Total Inventory

Median Sale to List Price %

90.83%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

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