5449 Virginia Avenue, Los Angeles

$1,850,000

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1 Bed
2 Baths
4,877 Sqft
.17 Acre
0 Garage

Amazing R4 TOC Development opportunity! Not Subject to RSO or LA Rent Control - Special Certificate! This property can either be remodeled or redeveloped with up to 40 units. *All units will receive an 8.8% increase on June 1st, 2024. 5449 Virginia is a 10 unit multifamily apartment building built in 1923 with 3,726 square feet of living space in two buildings on a 7,500 square foot lot with 8 parking spaces. Sold AS IS

Essential Information

MLS® #
23326201
Price
$1,850,000
Bedrooms
1
Bathrooms
2.00
Square Footage
4,877
Acres
0.17
Year Built
1923
Type
Residential Income
Status
Active

Community Information

Address
5449 Virginia Avenue
Area
C20 - Hollywood
Subdivision
North Park TRACT LOT 26
City
Los Angeles
County
Los Angeles
Zip Code
90029
Community Features
Gated
Senior Community
N

Amenities

Parking Spaces
8
Parking
Assigned
Garages
Assigned
Pool
None

Interior

Interior
Carpet, Wood
Appliances
Gas Oven, Range Hood
Heating
Wall Furnace
Fireplaces
None
# of Stories
2
Stories
One, Two

Exterior

Exterior
Stucco
Roof
Composition, Shingle
Construction
Stucco
Foundation
Slab

School Information

District
Los Angeles Unified

Additional Information

Date Listed
October 28th, 2023
Days on Market
187
Zoning
LAR4

Listing Details

Agent
Matthew Conrad
Office
Matthew Conrad
Property History
Price Reduced from $1,999,999 to $1,850,000
Price Reduced from $2,255,000 to $1,999,999
Price Reduced from $2,330,000 to $2,255,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 4:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.