5235 Virginia Avenue, Los Angeles, CA 90029
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5235 Virginia Avenue,Los Angeles, CA 90029
$2,990,000
- 16 Beds
- - Baths
- 6,047 sq. ft.
- Multi-family
- Active
Listed by: alessandra ferracuti
Office: compass
MLS#:CL26859501
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,990,000
- Price per sq. ft.:$494.46
About this home
Immediate cash flow meets future upside motivated seller! This exceptional quadruplex (5235, 5235 , 5237, 5237 ) is 100% occupied and generating income from day one. Built in 2016, this modern asset is exempt from Rent Stabilization Ordinances (RSO), giving investors unrestricted long-term rental growth potential a rare find in this submarket. Each unit lives like a private townhouse, with its own entrance, dedicated garage, and private balcony. The massive floor plans include one 4-bed/2-bath unit and three 4-bed/3-bath units, all with in-unit laundry a layout mix that's difficult to replicate at this price point. With zero vacancy risk, tenant-paid utilities, and low ongoing maintenance, this is a turnkey addition to any portfolio. Seller is motivated and open to creative financing structures or other terms; bring all reasonable offers.
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Home facts
- Year built:2016
- Listing ID #:CL26859501
- Added:121 day(s) ago
- Updated:November 12, 2026 at 05:00 PM
Rooms and interior
- Bedrooms:16
- Living area:6,047 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2016
- Building area:6,047 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$2,990,000
- Price per sq. ft.:$494.46
Features and amenities
- Laundry features:Dryer, Laundry Closet, Washer
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