Sold for $1,975,000

Listing Provided by:

Leonardo Laterza DRE #01861324 leonardo.laterza@marcusmillichap.com,

Marcus & Millichap RE Invest

Bought with: The CREM Group

$1,975,000

5322 Virginia Ave, Los Angeles, CA 90029

108beds

99baths

7,459sqft

Multi Family

Built in 1958

-- sqft lot

$1,924,200 Zestimate^®

$265/sqft

$3,095 Estimated rent

Home value

$1,924,200

$1.73M - $2.14M

$3,095/mo

Zestimate^® history

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$12,425/mo

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$12,425/mo

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What's special

5322 Virginia Ave is a 9-unit multifamily building located North of Santa Monica Blvd and between Serrano Ave & Hobart Blvd. Built in 1958, this asset consists of a very favorable unit mix consisting of six 1 Bed/1 Bath units, two 2 Bed/2 Bath units, and one 2 Bed/1 Bath unit. The building comes with 7 parking spaces, and the Government-required seismic retrofitting has been completed. The building is separately metered for gas and electricity and it comes with a laundry room on-site with one washer and one dryer. With a walk-score of 92 “Walker’s Paradise”, the property is easily accessible to some of the most iconic neighborhoods and sites in Hollywood and Los Angeles. With easy access to 101 Freeway, it allows for an easy commute to Downton LA, and major local Hollywood attractions such as the Hollywood Walk of Fame, Griffith Observatory, Paramount Pictures Studios, Los Angeles City College, Kaiser Permanente Medical Center.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 108
Bathrooms: 99

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Gas Cooktop, Disposal, Gas Oven
Laundry: Common Area

Features

Balcony, Quartz Counters
Flooring: Carpet, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 7,459
Total interior livable area: 7,459 sqft

Property

Parking

Parking features: Assigned

Accessibility

Accessibility features: Parking

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Fencing: Fair Condition
Has view: Yes
View description: City Lights

Lot

Size: 7,499 sqft
Features: 0-1 Unit/Acre

Details

Parcel number: 5537008007
Zoning: LARD1.5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Stucco
Foundation: Combination
Roof: Shingle

Condition

Additions/Alterations
New construction: No
Year built: 1958

Utilities & green energy

Electric: Electricity - On Property, Standard
Sewer: Unknown
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & neighborhood

Security

Security features: Gated Community

Community

Community features: Urban, Gated

Location

Region: Los Angeles

Other

Other facts

Listing terms: Conventional
Road surface type: Paved

Price history

Date	Event	Price
4/15/2025	Sold	$1,975,000-10%$265/sqft
Source: CRMLS #OC25049915 Report a problem
3/24/2025	Contingent	$2,195,000$294/sqft
Source: CRMLS #OC25049915 Report a problem
3/6/2025	Listed for sale	$2,195,000$294/sqft
Source: CRMLS #OC25049915 Report a problem