5613 Virginia Avenue

Los Angeles, CA 90038

$2,200,000
Price
1
Beds
16
Baths
11,350 Sq. Ft.
$194 / Sq. Ft.
11,350
Sq. Ft.
$194
per Sq. Ft.

Description

5613 Virginia Ave is a 16-unit apartment community located in Hollywood. Situated on a prime location at Virginia Ave and N St Andrews Pl, 5613 Virginia Ave is currently being offered at $193.83/SF and 9.99 GRM on existing income. Built in 1929, 5613 Virginia Ave is a low-rise style building offering (5) Studio/One-Bathroom units and (11) One-Bedroom/One-Bathroom units.5613 Virginia Ave is a 16-unit apartment community located in Hollywood. Situated on a prime location at Virginia Ave and N St Andrews Pl, 5613 Virginia Ave is currently being offered at $193.83/SF and 9.99 GRM on existing income. Built in 1929, 5613 Virginia Ave is a low-rise style building offering (5) Studio/One-Bathroom units and (11) One-Bedroom/One-Bathroom units.
  1. Listed by Brent Sprenkle • DRE #01290116 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc • 310-621-8221

Property Details for 5613 Virginia Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
16.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
11350
Assessor Parcel Number
5536-007-017
Property Attached YN
true
LISTING UPDATED: 08/22/2024 05:20 AM

Property Details for 5613 Virginia Avenue

StatusActive
MLS #OC24162827
Days on Market129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
CountyLos Angeles County

Building Information for 5613 Virginia Avenue

Building/Complex5613 Virginia AveFloor-Stories2Residences-Pet Policy-Year Built1929Building Size-

Property Information for 5613 Virginia Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $213,775
  • Gross Scheduled Income: $214,300
  • Net Operating Income: $113,362
  • Gross Multiplier: 9.99
  • Cap Rate: 5.15
Expense Details
  • Operating Expense: $100,413
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $100,413
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 017
  • Tax Census Tract: 1909.01
  • CFD/Mello-Roos Fee: $1,654
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Gutters, Lake, Park, Mountainous, Sidewalks, Suburban, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: Front Gate
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 16
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: None
  • Sewer: None
  • Water Source: None
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,092
  • Unit Type Total Rent: $5,462
  • Unit Type Pro Forma: 7000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 11
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,127
  • Unit Type Total Rent: $12,396
  • Unit Type Pro Forma: 19800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 5613 Virginia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5613 Virginia Avenue

Taxable ValueLand$2,601,000Additions$1,310,904Total$3,911,904
Tax Record2024$48,581 ($4,048 / month)
Home Facts
Total Finished SqFt11,350 SqFtAbove Grade Finished SqFt11,350 SqFtLot Size7,502 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningLAR3CountyLOS ANGELESAPN5536-007-017

Schools near 5613 Virginia Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Joseph Le Conte Middle School
Public6 to 8

STEM Academy at Bernstein High
Public9 to 12

Helen Bernstein High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5613 Virginia Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on August 7, 2024 by NorthMarq Realty Services, Inc, it's currently listed at $2,200,000. It has been on the market for a total of 129 days and was last sold on April 1, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Santa Monica Boulevard Community Charter School, Joseph Le Conte Middle School and STEM Academy at Bernstein High. 5613 Virginia Avenue is a 1-bed, 16-bath, 11,350 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthMarq Realty Services, Inc, Brent Sprenkle, DRE #01290116

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.