5235 Virginia Avenue, Los Angeles, CA 90029
- $3,100,000
- 16
- BD
- 11
- BA
- 6,047
- SqFt
- List Price
- $3,100,000
- Status
- ACTIVE
- MLS#
- 26859501
- Year Built
- 2016
- Bedrooms
- 16
- Bathrooms
- 11
- Living Sq. Ft
- 6,047
- Lot Size
- 8,365
- Acres
- 0.19
- Days on Market
- 59
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- Two Levels
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
- Appliances
- Dishwasher, Microwave, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 4
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Alessandra Ferracuti (sasha.ferracuti@compass.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.