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$ 2,990,000
Est. payment /mo
Active
5235 Virginia Avenue Los Angeles, CA 90029
16 Beds
6,047 SqFt
UPDATED:
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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Listed by Alessandra Ferracuti • Compass