5449 Virginia Ave, Los Angeles, CA 90029

10 Unit Apartment Building | $1,800,000 ($180,000/Unit) | 4.27% Cap Rate | Los Angeles, CA 90029

Asking Price $1,800,000

Property Type: Multifamily
Square Feet: 4,827 SF

Listing Contacts

Al Keyser

Property Overview

Amazing R4 TOC Development opportunity! Not Subject to RSO or LA Rent Control - Special Exemption Certificate! - This property can either be remodeled or redeveloped with up to 40 units.
5449 Virginia is a 10 unit multifamily apartment building built in 1923 with 3,726 square feet of living space in two buildings on a 7,500 square foot lot with 8 parking spaces.

Property Details

Class: C
Year Built: 1923
Stories: 2
Lot Size (sq. ft): 7,405 SF
Units: 10

Highlights

Great Potential for Redevelopment
Special Non RSO Exemption Certificate
Hollywood Adjacent With Easy Access to 101

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