5814 Virginia Ave Los Angeles, CA 90038

$--

12 Beds
5 Baths
2,263 Sq.Ft.

Off Market

Map preview of 5814 Virginia Ave, Los Angeles, CA 90038

Property Overview: 5814 Virginia Ave Los Angeles, CA has 12 bedrooms, 5 bathrooms, 2,263 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5814 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 $1,235,000. The median price per/sqft for Los Angeles is $774. 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 $247,000 for the down payment and will need roughly $24,700 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 $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 5814 Virginia Ave

Last leased for $1,595 on May 22nd, 2019

January, 2023
Jan 31, 2023

Date

Canceled

CRMLS: 22221405

$995,000

Price
Nov 29, 2022

Date

Active

CRMLS: 22221405

$995,000

Price
Listing provided courtesy of CRMLS

5814 Virginia is priced to sell and is the cheapest fourplex on the market in Hollywood. Please note, the seller is extremely motivated and looking to close by year end. This value-add property in Hollywood offers a solid in-place 4.54% CAP rate with the opportunity for 44% rental upside. Located just north of Santa Monica Blvd. (between Gower St. & Van Ness Ave.), 5814 Virginia is centrally located to several neighborhood thoroughfares filled with an array of independent businesses, major Hollywood employers (Sunset Gower Studios, Paramount, Netflix, Hollywood Presbyterian, CHLA) and a city college (LACC). The property is comprised of (2) 1-bdrm. units and (2) studio units, residing on a 7,500 SF lot, that currently generates approx. $5,700+ in gross monthly income. Based on renovated units in the area, we believe the future owner could generate approx. $7,600+ in gross monthly income and operate the fourplex at a 6.71% market CAP and 10.77 market GRM. Additional property amenities include (4) 1-car garages and a community laundry room.

Continue Reading
October, 2022
Oct 21, 2022

Date

Canceled

CRMLS: 22201285

$1,299,000

Price
Sep 19, 2022

Date

Active

CRMLS: 22201285

$1,299,000

Price
Listing provided courtesy of CRMLS

Fabulous investment opportunity in prime Hollywood location. Plenty of upside! Property consists of four (4) units. Front units are two (2) one bedroom & one bath and back units are two (2) singles. Selected units have been upgraded. Potential to add an ADU and add more value. Also, a great development opportunity to build apartment or condominium units zoning LAR3. Buyer to verify. This ideal location is blocks away from major attractions such as Paramount Studios, the Hollywood Walk of Fame and many more.

Continue Reading
September, 2022
Sep 1, 2022

Date

Expired

CRMLS: 22181523

$1,395,000

Price
Jul 21, 2022

Date

Active

CRMLS: 22181523

$1,395,000

Price
Listing provided courtesy of CRMLS

Fabulous investment opportunity in prime Hollywood location. Plenty of upside! Property consists of four (4) units. Front units are two (2) one bedroom & one bath and back units are two (2) singles. Selected units have been upgraded. Potential to add an ADU and add more value. Also, a great development opportunity to build apartment or condominium units zoning LAR3. Buyer to verify. This ideal location is blocks away from major attractions such as Paramount Studios, the Hollywood Walk of Fame and many more.

Continue Reading
July, 2022
Jul 21, 2022

Date

Canceled

CRMLS: 22146445

$1,395,000

Price
Apr 26, 2022

Date

Active

CRMLS: 22146445

$1,395,000

Price
Listing provided courtesy of CRMLS

Fabulous investment opportunity in prime Hollywood location. Plenty of upside! Property consists of four (4) units. Front units are two (2) one bedroom & one bath and back units are two (2) singles. Selected units have been upgraded. Potential to add an ADU and add more value. Also, a great development opportunity to build apartment or condominium units zoning LAR3. Buyer to verify. This ideal location is blocks away from major attractions such as Paramount Studios, the Hollywood Walk of Fame and many more.

Continue Reading
May, 2019
May 22, 2019

Date

Leased

CRMLS: 19460976

$1,595

Price
May 17, 2019

Date

Price Change

CRMLS: 19460976

$1,650

Price
May 4, 2019

Date

Active

CRMLS: 19460976

$1,695

Price
Listing provided courtesy of CRMLS

Beautiful second floor studio in Hollywood! This newly remodeled unit has lots of charm and brand new stainless steel appliances. It also includes a large storage space under the unit that's included in the rent. Unit comes with one parking spot. Located within minutes of some of LA's best restaurants, bars and cafes such as, Salt & Straw, Pizzeria Mozza, Palms Thai, Cafe Gratitude, Alcove Cafe & Bakery and much more! Come and see it today!

Continue Reading
May, 2018
May 24, 2018

Date

Sold (Public Records)

Public Records

--

Price
April, 2018
Apr 18, 2018

Date

Sold

CRMLS: 318001132

$1,215,000

Price
Apr 10, 2018

Date

Pending

CRMLS: 318001132

$950,000

Price
Mar 28, 2018

Date

Active

CRMLS: 318001132

$950,000

Price
Listing provided courtesy of CRMLS

Great property, located in prime area of Hollywood. Plenty of upside! Area is constantly being redeveloped. Property consist of four (4) units! Front units (2) are 1 bedroom 1 bathroom each, and back units (2) are singles. Nice upgrades inside. Four (4) car garages, and tenants have enough space to park in front of garages (up to 8 parking spaces on property). Total monthly income: $3,824.09.

Continue Reading
April, 2018
Apr 17, 2018

Date

Sold (Public Records)

Public Records

$1,215,000

Price

Tax History for 5814 Virginia Ave

Assessed Value (2020): $1,264,086

Year	Land Value	Improved Value	Assessed Value
2020	$1,160,046	$104,040	$1,264,086

About 5814 Virginia Ave

Detailed summary of property

5814 Virginia Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90038 and is currently off market. This property has 12 bedrooms, 5 bathrooms, roughly 2,263 living square feet, and sits on an approximately 7,499 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 1562 La Baig Ave, 6008 Carlton Way and 6008 Carlton Way. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 5814 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 5814 Virginia Ave

Public county record property details

Beds: 12
Baths: 5
Year built: 1928
Sq. Ft.: 2,263
Lot Size: 7,499
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 40
APN: 5534-017-013

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

Median Sale to List Price %

79.44%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote