No Photos
Image 1 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 2 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 3 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 4 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 5 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 6 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 7 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 8 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Image 9 - 5741 Virginia Ave, Los Angeles, California, 90038 - House for sale
Virginia Ave, Los Angeles, Home For Sale
5741 Virginia Ave, Los Angeles, California, 90038

Virginia Ave, Los Angeles, Home For Sale

house for sale
Listed: 08/07/24

5741 Virginia Ave, Los Angeles, California, 90038

20 Bed:
21 Bath:
11,599 Sq Ft Living Area:
Save
Price
$ 4,55M

About This House

Available at only a10.99 GRMbased on current income and merely$216, 476per unit, the asset is priced attractively for a new investor. The current owner has thoroughly remodeled several units, while the exterior paint, landscaping, and driveway gate have all been recently updated. Select interiors have been upgraded with granite countertops, stainless steel appliances, wood flooring, new cabinets, and remodeled bathrooms. A new investor can enjoy strong cash flow free from any costly seismic retrofit repairs, as those have all been completed and filed with the city (Buyer to verify). Located near Sunset Boulevard, the property provides tenants with convenient access to several Hollywood destinations as well as the rest of the Los Angeles metro, via the nearby 101 Freeway. The …  Full description

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$4,2M

20
15
9,343 Sq Ft

$4,2M

Available: Right Now

Listed: 29/08/2024

1035 N Serrano Ave, Los Angeles, California, 90029

House
20
15
9,343 Sq Ft

Views of hollywood sign and griffith park observatory. We are pleased to present the exclusive listing of 1035 North Serrano Avenue, a newly constructed five-unit state-of-the-art multifamily building located in Hollywood. Every unit features ...

$4,65M

20
20
11,744 Sq Ft

$4,65M

Available: Right Now

Listed: 27/08/2024

617 N Sycamore Ave, Los Angeles, California, 90036

Townhouse
20
20
11,744 Sq Ft

TIC Conversion Partnership Opportunity! Welcome to The Sycamore Bungalow Court, a 10-unit 1920s Spanish Colonial Revival apartment community located in the highly desirable Hancock Park neighborhood adjacent to West Hollywood. Comprising (2) remodele...

$4,55M

20
10
14,184 Sq Ft

$4,55M

Available: Right Now

Listed: 27/08/2024

3421 Larissa Dr, Los Angeles, California, 90026

House
20
10
14,184 Sq Ft

The beautiful and historic Casa Larissa apartments are located in Silver Lake and feature Ten (10) luxurious apartment homes with an astounding14, 184 SFof improvements. This Silver Lake hills jewel is located on one of the best streets and offers a ...

$4,6M

20
20
13,390 Sq Ft

$4,6M

Available: Right Now

Listed: 27/08/2024

2340 Crenshaw Blvd, Los Angeles, California, 90016

House
20
20
13,390 Sq Ft

A large, 2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1, 000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or manag...

$3,9M

20
20
8,000 Sq Ft

$3,9M

Available: Right Now

Listed: 27/08/2024

2231 S Longwood Ave, Los Angeles, California, 90016

House
20
20
8,000 Sq Ft

This brand new property, which just fell out of escrow, is a fantastic to own as a primary or investment opportunity. It consists of 3 units plus1 ADU.Each unit offers 5 bedrooms, 5 bathrooms, and a 2-car garage. The addresses are 4997 and4995 W23rd ...

$4M

20
20
14,108 Sq Ft

$4M

Available: Right Now

Listed: 29/08/2024

4106-4112 Palmwood Dr, Los Angeles, California, 90008

House
20
20
14,108 Sq Ft

4106 and 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and9.98 GRM,with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a fut...

Hollywood Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.