We are pleased to present 5727 Virginia Ave, an 11 unit offering in a prime Hollywood location just north of Santa Monica Blvd and west of Wilton in a pocket of Hollywood that has seen tremendous growth. The subject property was built in 1964 and boasts and excellent unit mix consisting of (5) Studio, 1 Bath, (3) 1 Bed, 1 Bath, (2) 2 Bed, 1 Bath and (1) 3 Bed, 1 Bath units spread out over 6,544 square feet. Currently there is 1 vacant unit. The building sits on a 7,500 square foot lot that is zoned LAR3. With over 30% upside in rents, the investment offers investors the opportunity to capitalize on a market that is continuing to see tremendous growth and development, with trendy bars, restaurants, and shopping surrounding the area. Notably, the property is near major developments like Echelon Studios, a cutting-edge entertainment village featuring 110,000 square feet of production facilities and creative office space. This strategic location positions 5727 Virginia Ave for strong future appreciation and investment growth.
Property Details
Price:
$2,100,000
MLS #:
25523391
Status:
Active
Baths:
0
Address:
5727 Virginia Avenue
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Apr 30, 2025
State:
CA
ZIP:
90038
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1964
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Schools
Interior
Appliances
Refrigerator, Gas Range
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Garage Spaces
0.00
Parking Features
Attached Carport, Covered, Assigned, Uncovered
Parking Spots
9.00
Pool Features
None
Security Features
Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Sewer
Other
Spa Features
None
Stories Total
2
View
City Lights
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address5727 Virginia Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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5727 Virginia Avenue
Los Angeles, CA
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