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For SaleLuxury

$2,990,000

6,047 sqft$494/sqft118 days on market

5235 Virginia Avenue

Los Angeles, CA 90029

· 8% down, 7% APR, 30yr fixed

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.

Listing agent (MLS): Alessandra Ferracuti · Listing brokerage (MLS): Compass

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass