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Sold for $1,975,000 on 04/15/25
  • Listing Provided by: 

    Leonardo Laterza DRE #01861324 leonardo.laterza@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with: The CREM Group
    $1,975,000

    5322 Virginia Ave, Los Angeles, CA 90029

    108beds
    99baths
    7,459sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $1,944,000 Zestimate®
    $265/sqft
    $-- Estimated rent

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    What's special

    5322 Virginia Ave is a 9-unit multifamily building located North of Santa Monica Blvd and between Serrano Ave & Hobart Blvd. Built in 1958, this asset consists of a very favorable unit mix consisting of six 1 Bed/1 Bath units, two 2 Bed/2 Bath units, and one 2 Bed/1 Bath unit. The building comes with 7 parking spaces, and the Government-required seismic retrofitting has been completed. The building is separately metered for gas and electricity and it comes with a laundry room on-site with one washer and one dryer. With a walk-score of 92 “Walker’s Paradise”, the property is easily accessible to some of the most iconic neighborhoods and sites in Hollywood and Los Angeles. With easy access to 101 Freeway, it allows for an easy commute to Downton LA, and major local Hollywood attractions such as the Hollywood Walk of Fame, Griffith Observatory, Paramount Pictures Studios, Los Angeles City College, Kaiser Permanente Medical Center.

    Zillow last checked: 8 hours ago

    Listing updated: April 15, 2025 at 09:38am

    Listing Provided by:

    Leonardo Laterza DRE #01861324 leonardo.laterza@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    Mark Cianciulli, DRE #01990266

    The CREM Group

    Source: CRMLS,MLS#: OC25049915MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 108
    • Bathrooms: 99
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Cooktop, Disposal, Gas Oven
    • Laundry: Common Area
    Features
    • Balcony, Quartz Counters
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,459
    • Total interior livable area: 7,459 sqft

    Property

    Parking
    • Parking features: Assigned
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Fencing: Fair Condition
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 7,499 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5537008007
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Combination
    • Roof: Shingle
    Condition
    • Additions/Alterations
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Unknown
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Gated Community
    Community
    • Community features: Urban, Gated
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Conventional
    • Road surface type: Paved
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    Estimated market value
    $1,944,000