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    5601 Virginia Ave

    Los Angeles, CA 90038
    • $2,000,000
    • STATUS: Active
    • ON SITE: 98 days
    • MLS #: 21-689450
    $2,000,000
    • 4
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,844
      SQFT
    • $413
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:
    Area:

    School Ratings & Info

    Description

    Incredible investment opportunity in trendy East Hollywood. This property is ideal for an investor, owner user, or developer. ONE UNIT VACANT. Each unit has two bedrooms and two bathrooms. Separately metered for gas and electric with huge outdoor area and plenty of parking. Large units that are appx 1200 sq feet each. R3 zoning in state enterprise zone and Hollywood redevelopment area with transit priority. Across the street from incredible Sears development project. Beautiful fruit trees in front and great neighbors. Stackable front loading laundry machines in each unit.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T23:42:28.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/113945132
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    5601 Virginia Ave Los Angeles, CA 90038

    • Price: $2,000,000
    • Status: Active
    • MLS #: 21-689450
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,844
    SQFT
    $413
    $/SQFT
    1916
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    Incredible investment opportunity in trendy East Hollywood. This property is ideal for an investor, owner user, or developer. ONE UNIT VACANT. Each unit has two bedrooms and two bathrooms. Separately metered for gas and electric with huge outdoor area and plenty of parking. Large units that are appx 1200 sq feet each. R3 zoning in state enterprise zone and Hollywood redevelopment area with transit priority. Across the street from incredible Sears development project. Beautiful fruit trees in front and great neighbors. Stackable front loading laundry machines in each unit.
    Exterior Features

    Covered Parking 4 Lot Size Area 7500 Other Structures Other Parking Garage Carport Total Parking 8

    Interior Features

    Baths Total 4.00 Common Walls Attached Cooling None Equipment None Heating Wall

    Property Features

    ADACompliance No Assessed Total Value 940056 Gross Income 120000 Gross Operating Income 120000 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 109800.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 14000 Type Of Units 4 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Fahim Shah DRE#00763453 of Fahim Shah Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T23:42:28.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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