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5613 Virginia Ave, Los Angeles, CA 90038
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5613 Virginia Ave Los Angeles, CA 90038

$2,200,000
  • 11 Beds
  • 16 Baths
  • 11,350 Sq.Ft.
For Sale
$2,200,000 Get Pre-Qualified
Map preview of 5613 Virginia Ave, Los Angeles, CA 90038

Property Overview: 5613 Virginia Ave Los Angeles, CA has 11 bedrooms, 16 bathrooms, 11,350 living square feet and 7,504 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: 5613 Virginia Ave is a 16-unit apartment community located in Hollywood. Situated on a prime location at Virginia Ave and N St Andrews Pl, 5613 Virginia Ave is currently being offered at $193.83/SF and 9.99 GRM on existing income. Built in 1929, 5613 Virginia Ave is a low-rise style building offering (5) Studio/One-Bathroom units and (11) One-Bedroom/One-Bathroom units.

Listed by Brent Sprenkle | BRE #01290116 | NorthMarq Realty Services, Inc
Last checked: 5 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,504
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Apartment
Status
Active
MLS#
OC24162827
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,092
  • Total Rent: $5,462
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 11
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,126
  • Total Rent: $12,396
  • Pro Forma/Market Rent: $19,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.15%
  • Gross Rent Multiplier: 9.99
  • Gross Scheduled Income: $214,300
  • Net Operating Income: $113,362
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $100,413
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 5613 Virginia Ave

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Property Details for 5613 Virginia Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 16
  • Parcel Number: 5536007017
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: None
  • Water Source: None
Location / Neighborhood
Location Information
  • Directions: Off of Virginia Ave and N St Andrews Pl
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Gutters, Lake, Park, Mountainous, Sidewalks, Suburban, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 5613 Virginia Ave

Last sold for $494,004 on April 29th, 2011

  • August, 2024

  • Aug 7, 2024

    Date

    Active

    CRMLS: OC24162827

    $2,200,000

    Price

  • April, 2011

  • Apr 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $494,004

    Price

  • February, 1994

  • Feb 25, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5613 Virginia Ave

Assessed Value (2020): $1,323,758
Year Land Value Improved Value Assessed Value
2020 $878,602 $445,156 $1,323,758

Home Value Compared to the Market

This property vs the competition

5613 Virginia Ave is listed 83.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $193.83 per/sqft which puts the price per square foot 74.76% lower than the median price per square foot for the city of Los Angeles.

About 5613 Virginia Ave

Detailed summary of property

5613 Virginia Ave is a apartment located in Los Angeles, CA 90038 and is currently for sale. This apartment offers 11 bedrooms, 16 bathrooms, roughly 11,350 living square feet, and sits on an approximately 7,504 square foot lot. 5613 Virginia Ave was first listed on ArdentRealEstateGroup.com on August 7, 2024. The homeowner is currently asking $2,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 83.33% higher than the median priced home. Local competing homes currently for sale include 5008 Rosewood Ave, 4727 Oakwood Ave and 801 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 106 days, 5613 Virginia Ave has a days on market of 26 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5613 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 5613 Virginia Ave

Public county record property details
Beds
16
Baths
16
Year built
1929
Sq. Ft.
11,350
Lot Size
7,502
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5536-007-017

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
47
Median Sale to List Price %
90.83%
Avg Days on Market
48
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), 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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