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Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700
$3,995,000
20 Beds
- 21 Baths
11,599sqft
5741 Virginia Ave, Los Angeles, CA 90038
$3,995,000
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Multi Family
Built in 1967
$-- HOA
15,002 sqft lot
$344/sq.ft
Description
Available at only a 9.55 GRM based on current income and merely $190,238 per unit, the asset is priced attractively for a new investor. The current owner has thoroughly remodeled several units, while the exterior paint, roof coating, 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 convenien...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1967
HOA Fees
-
Finished Area
11,599 sqft
Lot Size
15,002 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26866075
MLS Status
Active
Days on Market
21
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