5235 Virginia Avenue, Los Angeles, CA 90029
5235 Virginia Avenue, Los Angeles, CA 90029
5235 Virginia Avenue, Los Angeles, CA 90029
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$2,990,000
Est. payment /mo
16 Beds
6,047 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 6,047 sqft

Price per Sqft $494

MLS Listing ID CL26859501

Bedrooms 16

HOA Y/N No

Year Built 2016

Lot Size 8,365 Sqft

Acres 0.19

Property Sub-Type OTHER

Property Description

Immediate cash flow meets future upside motivated seller! This exceptional quadruplex (5235, 5235 , 5237, 5237 ) is 100% occupied and generating income from day one. Built in 2016, this modern asset is exempt from Rent Stabilization Ordinances (RSO), giving investors unrestricted long-term rental growth potential a rare find in this submarket. Each unit lives like a private townhouse, with its own entrance, dedicated garage, and private balcony. The massive floor plans include one 4-bed/2-bath unit and three 4-bed/3-bath units, all with in-unit laundry a layout mix that's difficult to replicate at this price point. With zero vacancy risk, tenant-paid utilities, and low ongoing maintenance, this is a turnkey addition to any portfolio. Seller is motivated and open to creative financing structures or other terms; bring all reasonable offers.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Dryer, Laundry Closet, Washer

Exterior

Total Parking Spaces 9

Building

New Construction No

Others

Tax ID 5537010022


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Bridge MLS
Listed by Alessandra Ferracuti • Compass

NEARBY SCHOOL & BUSINESS

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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5235 Virginia Avenue