NOT LISTED FOR SALE

5353 Virginia Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,138,000 - $1,464,691

3 Beds
2 Baths
2,040 Sq Ft
$629/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $1,000,000 $490 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,118/month

79 Days on Market

Highlights

  • Gated Parking
  • 3 Car Attached Garage
  • 3-minute walk to La Mirada Park
  • STEM Academy at Bernstein High Rated A-

About This Home

As of April 2019

Development opportunity in Hollywood. 7,500 sf lot, 2,040 sf building, RD1.5, 50 ft x 150 ft. Duplex, front 2BR+1BA unit is vacant, back 1BR+1BA unit is rented to 1 long term tenant for $1,254. 1BR+1BA unit will be delivered with tenant in possession. Seller will not relocate tenant.

Last Agent to Sell the Property

David Ruest

Keller Williams Realty Los Feliz License #02045144 Listed on: 12/31/2018

Keller Williams Realty Los Feliz

Co-Listed By

Johnny and David Team

Keller Williams Realty Los Feliz License #01394690

Last Buyer's Agent

Aaron Schottelkorb

eXp Realty of California Inc License #01306330

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,501

Year Built

  • Built in 1918

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • 2,040 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway
  • Gated Parking

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5537-007-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,501

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2040
  • Year Built: 1918
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 465.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage Is Detached, Gated
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 14999
  • Assessed Land Value: 47894
  • Assessor Parcel Number: 5537-007-023
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: 2+1, 1+1
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Waleed Delawari
Bought by
5353 Virginia Llc
Current Estimated Value
$1,283,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2021
Sold by
Mw 2018 Llc
Bought by
Delawari Waleed and Stutz Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2020
Sold by
Stutz Marvin
Bought by
Mw 2018 Llc

Purchase Details

Listed on
Dec 31, 2018
Closed on
Mar 13, 2019
Sold by
Ececm Family Limited Partnership
Bought by
Stutz Marvin
Seller's Agent
David Ruest
Keller Williams Realty Los Feliz
Buyer's Agent
Aaron Schottelkorb
eXp Realty of California Inc
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
May 24, 2006
Sold by
Cruz Emiliano P and Cruz Cristina M
Bought by
Ececm Family Lp

Purchase Details

Closed on
Aug 30, 1993
Sold by
Cruz Emiliano P and Cruz Cristina M
Bought by
Cruz Emiliano P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
5353 Virginia Llc -- Accommodation/Courtesy Recordi
Delawari Waleed -- First American Title Company
Stutz Grace -- First American Title Company
Delawari Waleed -- First American Title Company
Mw 2018 Llc -- Accommodation
Stutz Marvin $1,000,000 Chicago Title Company
Ececm Family Lp -- Accommodation
Cruz Emiliano P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5353 Virginia Llc $2,050,000
Closed 5353 Virginia Llc $250,000
Closed 5353 Virginia Llc $1,500,000
Previous Owner Delawari Waleed $780,000
Previous Owner Stutz Marvin $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $1,000,000 +5.3% $490 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $950,000 0.0% $466 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $950,000 -- $466 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,501 $1,115,515 $780,861 $334,654
2024 $13,501 $1,093,643 $765,550 $328,093
2023 $13,241 $1,072,200 $750,540 $321,660
2022 $12,626 $1,051,177 $735,824 $315,353
2021 $12,471 $1,030,567 $721,397 $309,170
2020 $12,597 $1,020,000 $714,000 $306,000
2019 $11,178 $65,431 $49,828 $15,603
2018 $991 $64,149 $48,851 $15,298
2016 $924 $61,660 $46,955 $14,705
2015 $913 $60,735 $46,250 $14,485
2014 $932 $59,547 $45,345 $14,202
Source: Public Records

Agents Affiliated with this Home

  • David Ruest

    Seller's Agent in 2019

    David Ruest

    Keller Williams Realty Los Feliz

    (310) 595-4436

    2 in this area

    54 Total Sales

    David Ruest
    Section Image
  • Johnny and David Team

    Seller Co-Listing Agent in 2019

    Johnny and David Team

    Keller Williams Realty Los Feliz

    (213) 819-1043

    3 in this area

    62 Total Sales

    Johnny and David Team
    Section Image
  • Aaron Schottelkorb

    Buyer's Agent in 2019

    Aaron Schottelkorb

    eXp Realty of California Inc

    (818) 568-0516

    3 Total Sales

    Aaron Schottelkorb
    Section Image
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Map

Source: The MLS

MLS Number: 18-418088

The MLS

APN: 5537-007-023

California Los Angeles County Los Angeles 90029 East Hollywood

5353 Virginia Ave, Los Angeles, CA

This home is located at 5353 Virginia Ave, Los Angeles, CA 90029 since 31 December 2018 and is currently estimated at $1,283,423, approximately $629 per square foot. This property was built in 1918. 5353 Virginia Ave is a home located in Los Angeles County with nearby schools including Kingsley Elementary School, Joseph Le Conte Middle School, and STEM Academy at Bernstein High.

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