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$1249000   Price Analysis
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5331 Virginia Ave
Los Angeles, CA 90029
6 bed 5 bath 3927 SqFt ($318/SqFt)
7501SqFt lot. Built 1939
Listed 2024-07-02, Taxes $4185
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

MOTIVATED SELLER $100K REDUCTION 6.1 CAP First time on market in 27 years.

Classic 1939 Traditional. Good mix of 2) 2+2 . 2) 1+1 plus 1 Studio all w/ large eat in kitchens. All baths have separate tubs and showers. All kitchens are large eat in . All copper plumbing. Updated electric. Well Maintained. Walk to grocery stores, shops restaurants and buses. easy access to 101FWY. Separately metered for gas/electric. Washer/dryers in most all units. Showings with accepted offer Total Acutual income shown includes the rent of $1K/ month if empty garages were rented. Better yet, take advantage of the empty garages and build ne or two ADUs. No retro/Soft story issues!

Great tenants always pay on time. Easy management and low expenses. Walk to grocery shopping & restaurants & park & Busses. Easy access to 101 FWY $250K/door


Presented by Ronald Goldhammer at
Berkshire Hathaway HomeServices California.
Listing Agent Photo

Property MLS #24-410607 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 5
Full Bathrooms: 5

Cooling Features: Window Unit(s)
Heating Features: Natural Gas

Flooring: Hardwood, Laminate

Lot Size Acres: 0.1721993
Lot Size Source: Assessor
Lot Size Square Feet: 7501

Garage Spaces: 5
Garage Description: Garage - 4+ Car
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 5
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2038, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 1416, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1698, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 982, 5 BathsTotal: 1, 5 SquareFeet: 1500

Tenant Pays: Gas, Electric, Trash

Source Listing Status: Active
County: Los Angeles
Cross Street: SERRANO / VIRGINIA
Cap Rate: 6.1
Directions: West of Hobart. East of Serrano, N. of Santa Monica Blvd.
Source Property Type: Residential Income
Area: Hollywood
Source Neighborhood: Hollywood
Number of Separate Electric Meters: 5
Owner Pays: Water
Parcel Number: 5537-007-019
Postal Code Plus 4: 1107
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$120356 + $157977
$278333
$4185
2021$117997 + $154880
$272877
$4118
2020$116788 + $153292
$270080
$4147
2019$114499 + $150287
$264786
$4016
2018$112254 + $147341
$259595
$3894
2017$110053 + $144452
$254505
$3776
2016$107896 + $141620
$249516
$3654
2015$106276 + $139493
$245769
$3610
2014$104195 + $136761
$240956
$3655
2013$103725 + $136143
$239868
$3645
2012$101692 + $133474
$235166
$3690
2010$99699 + $130857
$230556
$3544
2009$99190 + $130189
$229379
$3427
2009$98954 + $129880
$228834
$3427
2008$97246 + $127637
$224883
$3304
2007$95340 + $125135
$220475
$3190

Price Changed 2024-07-21
$1249000
TheMLSCLAW
Listed 2024-07-02
$1349000
TheMLSCLAW
Listing removed 2024-06-11
$0
TheMLSCLAW
Listed 2024-06-03
$1375000
TheMLSCLAW
Listing removed 2019-01-07
$0
TheMLSCLAW
Listing removed 2019-01-05
$1695
TheMLSCLAW
Listed for rent 2018-12-21
$1695
TheMLSCLAW
Listing removed 2013-06-27
$1295
TheMLSCLAW
Price Changed for rent 2013-06-14
$1295
TheMLSCLAW
Listed for rent 2013-04-26
$1375
TheMLSCLAW
Sold 1997-11-04
$185000
Public Record

Net Operating Income: 76332

Total Square Feet Living: 3927
Year Built: 1939
Direction Faces: South
Levels: Two Level
Living Area Source: Assessor
Property Age: 85
Levels or Stories: 2
Building Total Stories: 2
House Style: Traditional
Year Built Source: Assessor
Architectural Style: Traditional

Other Equipment: Washer, Gas Dryer Hookup

Kingsley Elementary School is a public elementary school located approximately 0.2 miles away.
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Helen Bernstein High School is a public high school located approximately 0.5 miles away.
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Joseph Le Conte Middle School is a public middle school located approximately 0.7 miles away.
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Harvard Preschool & Kindergarten is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.