Los Angeles, CA 90038,5727 Virginia AVE
Los Angeles, CA 90038,5727 Virginia AVE
Los Angeles, CA 90038,5727 Virginia AVE
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$2,100,000
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10 Beds
12 Baths
6,544 SqFt
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5727 Virginia AVE Los Angeles, CA 90038

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,544 sqft

Price per Sqft $320

MLS Listing ID 25523391

Bedrooms 10

HOA Y/N No

Year Built 1964

Lot Size 7,501 Sqft

Property Description

We are pleased to present 5727 Virginia Ave, an 11 unit offering in a prime Hollywood location just north of Santa Monica Blvd and west of Wilton in a pocket of Hollywood that has seen tremendous growth. The subject property was built in 1964 and boasts and excellent unit mix consisting of (5) Studio, 1 Bath, (3) 1 Bed, 1 Bath, (2) 2 Bed, 1 Bath and (1) 3 Bed, 1 Bath units spread out over 6,544 square feet. Currently there is 1 vacant unit. The building sits on a 7,500 square foot lot that is zoned LAR3. With over 30% upside in rents, the investment offers investors the opportunity to capitalize on a market that is continuing to see tremendous growth and development, with trendy bars, restaurants, and shopping surrounding the area. Notably, the property is near major developments like Echelon Studios, a cutting-edge entertainment village featuring 110,000 square feet of production facilities and creative office space. This strategic location positions 5727 Virginia Ave for strong future appreciation and investment growth.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Exterior

Parking Features Attached Carport, Assigned, Covered, Uncovered

Carport Spaces 5

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Porch None

Attached Garage Yes

Total Parking Spaces 9

Private Pool No

Building

Faces South

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5536006008

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by William James • Lyon Stahl Investment Real Estate, Inc.

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agent
Sarah Bourke

Agent | License ID: 2151662

+1(619) 972-9462 | sarahsdhomes@gmail.com

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5727 Virginia AVE