5449 S Virginia Avenue Los Angeles, CA ^$ 1,850,000

5449 S Virginia Avenue

^$ 1,850,000

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5449 S Virginia Avenue

Los Angeles, CA, 90029

^$ 1,850,000

Bedrooms10 Baths10.0 Sq 4,877

Monthly Estimate*

^$ 12,296

Listed by Matthew Conrad

5449 S Virginia Avenue, Los Angeles, CA 90029 - Image 1

5449 S Virginia Avenue, Los Angeles, CA 90029 - Image 2

5449 S Virginia Avenue, Los Angeles, CA 90029 - Image 3

5449 S Virginia Avenue, Los Angeles, CA 90029 - Image 4

5449 S Virginia Avenue, Los Angeles, CA 90029 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $1,850,000 with 10 bedrooms and 10 full baths. This 4,877 square foot home was built in 1923 on a lot size of 0.1722.

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

Multi-Family Active

Price

^$ 1,850,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23326201

Days on Market

213

Features

General

Sewer Other

Heating WallFurnace

Possession CloseOfEscrow

Roof Composition Shingle

Appliances GasOven RangeHood

Zoning LAR4

Garage Spaces 0.0

Patio/Porch Features None

Pool Features None

Security Features GatedCommunity

Construction Materials Stucco

Pets Allowed No

Year Built 1923

Tenant Pays Electricity

Stories 1

Levels One Two

Gross Income 0.0

Community Features Gated

County Los Angeles

Net Operating Income 64405.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name North Park TRACT LOT 26

Facing Direction South

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Conventional

Directions ...

City Los Angeles

Entry Location Ground Level w/steps

View Y/N N

Senior Community Y/N N

High School District Los Angeles Unified

Open Parking Spaces 8.0

Total Units 10

MLS Area C20 - Hollywood

Lot Size Square Feet 7502.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Number of Units Leased 10

Street Name Virginia

Listing Terms TrustDeed

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition RepairsCosmetic

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 180

Standard Status Active

Cap Rate 3.48

Interior

Flooring Carpet Wood

Fireplace Features None

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features None

Total Bedrooms 10

Entry Level 1

Electric On Property Y/N N

Total Baths 10

Exterior

Parking Features Assigned

Water Source Public

Total Parking 8.0

Lot Size Area 7502.0

Foundation Details Slab

Number of Buildings 2

Spa N

Building Area Total 4877.0

Lot Size Acres 0.1722

Lot Size Units SquareFeet

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5449

* Excluded Features

List By

Matthew Conrad

Broker

(310) 228-8369

Phone

Affordability Calculator

$12,296

Per Month

Monthly Principal & Interest: $12,296
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,984,338

Percent of Sale Price 7%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4003522 Elementary School

4003523 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$1,850,000	-7.50%	Price Down
1/26/2024	$1,999,999	-11.31%	Price Down
12/5/2023	$2,255,000	-3.22%	Price Down
10/31/2023	$2,330,000		Listed Price

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5449 S Virginia Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $1,850,000 with 4,877 sqft and a lot size of 0.1722. 5449 S Virginia Avenue has 10 bedrooms, 10.0 baths, and was built in 1923. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/30/2024. 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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5449 S Virginia Avenue

Multi-Family Home for sale in Los Angeles, CA

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