Tour
More
1 / 12
2 / 12
3 / 12
5601 Virginia Avenue, Los Angeles, CA 90038
8
beds
8
baths
4844
ft2
· 7500
ft2 lot
$2,000,000
$413 / ft2
Listing provided courtesy of Fahim Shah, Fahim Shah Realty.
Source CRMLS.
Incredible investment opportunity in trendy East Hollywood. This property is ideal for an investor, owner user, or developer. ONE UNIT VACANT. Each unit has two bedrooms and two bathrooms. Separately metered for gas and electric with huge outdoor area and plenty of parking. Large units that are appx 1200 sq feet each. R3 zoning in state enterprise zone and Hollywood redevelopment area with transit priority. Across the street from incredible Sears development project. Beautiful fruit trees in front and great neighbors. Stackable front loading laundry machines in each unit.
HOA
$—/month
On market
3 months
Year built
1916
Property type
Multi-Family
Parking
MLS
21689450
Price / Sq.Ft.
$413 / ft2
Status
Active
Tour this home
Request a free tour of this home
Saturday
24
April
Sunday
25
April
Monday
26
April
Tuesday
27
April
Wednesday
28
April
Thursday
29
April
Friday
30
April
Saturday
1
May
Sunday
2
May
Monday
3
May
Tuesday
4
May
Wednesday
5
May
Thursday
6
May
Friday
7
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $2,000,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$389/day
$0
Best
Flyhomes Guaranteed Offer
$10,000
- -
$10,000
Better
Discount Brokerage
$7,700
not offered
$7,700
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Interior Size
•   
Building Area Total: 4844.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport
Building Info
•   
Zoning: LAR3
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Lot Info
•   
Lot Size Acres: 0.1700
•   
Lot Size Area: 7500.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 120000.00
•   
Total Expenses: 14000.00
•   
Gross Multiplier: 16.67
Tax/Assessment Info
•   
Gross Income: 120000.00
•   
Tax Year: 2019
•   
Taxes: 12187.0
Lease Info
•   
Net Operating Income: 109800.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 2519.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 2519.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2500.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 2500.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2450.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 2450.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: St Andrews and Virginia
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Unbranded
Other
Calculation
•   
Dom: 8
•   
Cdom: 8
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 23, 2021 6:41am
Neighborhood snapshot
64
Properties for sale
26
Median days on market
$608.01
Median sold price/sqft
98.54%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
02/04/2021
02/04/2021
CRMLS #21689450
active
CRMLS #21689450
$2,000,000
+124.72%
03/30/2014
03/30/2014
Public Record
sold
Public Record
$890,000
+99.11%
03/30/2003
03/30/2003
Public Record
sold
Public Record
$447,000
Nearby Similar Homes
street view
$1,960,000
5522 Lexington Avenue
Los Angeles, CA 90038
8 bed
10 bath
6133
 ft²
 · 
7495
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021