5322 Virginia Ave Los Angeles, CA 90029
East Hollywood Neighborhood
12
Beds
11
Baths
7,459
Sq Ft
7,499
Sq Ft Lot
Highlights
- Gated Community
- City Lights View
- Quartz Countertops
- STEM Academy at Bernstein High Rated A-
- Traditional Architecture
- No HOA
About This Home
As of April 20255322 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.
Last Agent to Sell the Property
Leonardo Laterza
Marcus & Millichap RE Invest Brokerage Email: leonardo.laterza@marcusmillichap.com License #01861324 Listed on: 03/06/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 7,499 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in fair condition
- Density is up to 1 Unit/Acre
Home Design
- Traditional Architecture
- Apartment
- Additions or Alterations
- Combination Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 7,459 Sq Ft Home
- 2-Story Property
- City Lights Views
Kitchen
- Gas Oven
- Gas Cooktop
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 11 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Septic Type Unknown
Additional Features
- Accessible Parking
- Balcony
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / H
- Tax Tract Number 191
- Assessor Parcel Number 5537008007
Community Details
Overview
- No Home Owners Association
- 9 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $560
- Fuel Expense $1,506
- Insurance Expense $6,525
- Professional Management Expense $6,961
- Trash Expense $3,728
- Water Sewer Expense $10,545
- Operating Expense $68,003
- Gross Income $174,036
- Net Operating Income $100,812
Additional Features
- Laundry Facilities
- Gated Community
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Price Changed | $2,500 | -7.4% | $3 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $2,700 | +8.0% | $4 / Sq Ft |
| 05/28/2025 05/28/25 | For Rent | $2,500 | 0.0% | -- |
| 04/15/2025 04/15/25 | Sold | $1,975,000 | -10.0% | $265 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $2,195,000 | -- | $294 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Leonardo Laterza
Marcus & Millichap RE Invest
-
Mark Cianciulli
Buyer's Agent in 2025
Mark Cianciulli
The CREM Group
(949) 285-0343
2 in this area
193 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25049915
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