5613 Virginia Ave - Apartments FOR SALE


Los Angeles, CA 90038
$2,200,000 USD
310-621-8221
5613 Virginia Ave, Los Angeles, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/14
null | 5.15% Cap Rate

5613 Virginia Ave
Los Angeles, CA 90038


HIGHLIGHTS

  • Low Cost Per Unit at $138K & $194 Per Sq. Ft.
  • 9.99 GRM with Upside
  • Central Hollywood Location Close to 101 Freeway
  • Great Unit Mix of Mostly One Bedroom Apartments

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

16

PRICE/UNIT

$137,500

CAP RATE

5.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16 Units in Hollywood | 9.99 GRM & $137K/Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

LAR3

APN/PARCEL ID

5536-007-017

ASK ABOUT THIS PROPERTY

Brent SprenkleNorthmarqMore Info
310-621-8221

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Brent SprenkleNorthmarqMore Info
310-621-8221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.