Sold 2/21/17

5841 Virginia Ave
Los Angeles, CA 90038

Bd   Ba   6,810 Sqft   257 Days
Gentrifying Hollywood Location Unit Mix of Nine 1-bedroom/1-bathroom Units and One Single UnitOnsite Laundry / Onsite ParkingGreat Upside Potential in Rents - approximately 50% Upside!!!Only 11x Pro Forma GRM!
  • MLS#16133394 provided by Ardeshir Ishal of BRC Advisors
  • Movoto last checked CRMLS for new data 6 hours ago
  • CRMLS last updated this listing 6 months ago

Home Features for 5841 Virginia Avenue, Los Angeles

Year Built: 1956
Lot Size Square Feet: 7501
Lot Size Units: Square Feet
Price Per Square Foot: 290.9
Parcel Number: 5534018004
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Number Of Buildings: 1
Building Area Total: 6810
Parking Features: Other
Parking Total: 7
Number Of Units Total: 10
Amenities / Utilities
Laundry Features: See Remarks
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Property History for 5841 Virginia Avenue, Los Angeles

Status
Date
Price
Sold
Feb 21, 2017
$1,981,000
Active
(Under Contract)
Aug 23, 2016
Listed
Jun 9, 2016
$1,995,000
#16133394

Real Estate Market Statistics for 5841 Virginia Avenue, Los Angeles

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5841 Virginia Avenue

No data!
Hollywood Studio District
Los Angeles
90038
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2M

5841 Virginia Avenue

$969K

Hollywood Studio District

-5% y/y

Hollywood Studio District

$987K

90038

0% y/y

90038

$969K

Los Angeles

1% y/y

Los Angeles

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Refinance Rates for 5841 Virginia Avenue, Los Angeles

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5841 Virginia Ave is a multi family home located in 90038 in Los Angeles, CA. It was last listed for $1,981,000, which is 101% above the current market median of $987,000 in 90038 and 104% above the market median of $969,950 in Los Angeles. 5841 Virginia Ave is approximately 6,810 Sqft, which is 303% above the median size in Los Angeles of 1,688 Sqft and 357% above the median size in 90038 of 1,491 Sqft. This property's price per square foot was $291, which is 56% below the current median in 90038 of $663 and 51% below the Los Angeles median of $598. As of today, , there are 21 properties listed for sale in ZIP code 90038 and 2,010 properties listed for sale in the city of Los Angeles. Of those 2,010 properties, there are 1,413 single family houses and 597 condos.
Built in 1956, this multi family house at 5841 Virginia Ave, Los Angeles CA, 90038 is approximately 6,810 square feet and comes with 7 parking spots. It was last listed with a cost per Sqft of $291. 5841 Virginia Ave is located in the Hollywood Studio District neighborhood in the Los Angeles Unified School District. The closest school is Joseph Le Conte Middle School.

5841 Virginia Ave, Los Angeles CA, 90038 was on the market for 257 days. The median days on the market for properties in this area is 42 with a median list price of $969,950 and median cost per square foot of $598. Its current status is sold under the MLS #16133394.

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