$2,990,000
5235 Virginia Avenue
Los Angeles, CA 90029
16
Beds
11
Baths
6,047
Square feet
2016
Built
Listing narrative
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.
Property Details
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Price
$2,990,000
Beds
16 bd
Type
House
Home Size
6,047 sqft
Baths
11
Lot Size
0.19 acres
Year
2016
Status
For Sale
Days on Market
118
$ / Sqft
$494
Courtesy of Compass






