5235 Virginia Ave, Los Angeles, CA 90029
- $3,100,000
- 16
- BD
- 11
- BA
- 6,047
- SqFt
Courtesy of Compass, Alessandra Ferracuti - CA DRE#02053258
- List Price
- $3,100,000
- Status
- ACTIVE
- Days on Market
- 73
- MLS#
- 26859501
- Style
- Contemporary
- Year Built
- 2016
- Bedrooms
- 16
- Bathrooms
- 11
- Living Area
- 6,047
- Lot Size
- 8,365
- Acres
- 0.19
- MLS Area Major
- Hollywood (C20)
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.
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Additional Information
- Property Description
- Contemporary
- Air Conditioning
- Central
- Stories
- 2
- Pool Type
- None
- Garage Spaces
- 4
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