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Los Angeles, CA 90029 5449 S Virginia Avenue

$1,850,000

5449 S Virginia Avenue Los Angeles, Ca - Image 15449 S Virginia Avenue Los Angeles, Ca - Image 25449 S Virginia Avenue Los Angeles, Ca - Image 3
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5449 S Virginia Avenue Los Angeles, Ca - Image 4
Presented By: Matthew Conrad with Matthew Conrad;
  • MLS# 23326201
  • 10/30/2023
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  • BedBeds • 10
  • BathBaths • 10
  • FootageSQFT • 4,877

Home Details

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
Presented By: Matthew Conrad with Matthew Conrad;

Interior Features for 5449 S Virginia Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths10

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Wood
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 5449 S Virginia Avenue

Additional Parcels Y/NNo
AppliancesGasOven, RangeHood
Attached Garage No
Buyer FinancingConventional
Cap Rate3.48
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
Construction MaterialsStucco
CountyLos Angeles
Days on Market180
Directions...
Entry LocationGround Level w/steps
Facing DirectionSouth
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA / Comm AssnNo
HeatingWallFurnace
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Listing TermsTrustDeed
Lot Size Square Feet7502.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income64405.0
New ConstructionNo
Number of Units Leased10
Open Parking Spaces8.0
Patio/Porch FeaturesNone
Pets AllowedNo
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionRepairsCosmetic
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Shingle
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameVirginia
Subdivision NameNorth Park TRACT LOT 26
Tenant PaysElectricity
Total Units10
View Y/NNo
Waterfront Y/NNo
Year Built1923
ZoningLAR4

Exterior for 5449 S Virginia Avenue

Building Area Total4877.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7502.0
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,850,000
MLS#23326201
List Date 10/30/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors