5533 VIRGINIA Avenue Los Angeles, CA 90038

$1,795,000
5533 VIRGINIA Avenue, Los Angeles, CA 90038
18341418

Single Family Home for sale in Los Angeles, CA

for $1,795,000. This home was built in 1924 on a lot size of 7500.00 Sqft..

Property Information

  • $1,795,000
  • Single Family
  • Active
  • Lot size of 7500.00 Sqft.
  • Built in 1924
  • Los Angeles, CA
  • Hollywood Neighborhood
  • Los Angeles County
  • MLS/Web ID is 18341418
  • Price Reduced

Description

5533 Virginia Avenue, a development opportunity located in the heart of East Hollywood, which borders three thriving submarkets - Hollywood, Koreatown and Silverlake. The property is currently zoned R4 and there are plans in place for 24 apt units. This strategic position offers a location with compelling fundamentals, abundant entertainment and dining amenities and convenient access to employment centers. Since the late 1990s, the immediate neighborhood has emerged as a highly desirable rental community with renters flocking to the area and a myriad of culinary and nightlife options opening to meet this new demand. The convenience, accessibility and visibility of the property makes 5533 Virginia Avenue a strong investment opportunity in an up and coming area in Los Angeles, Ca.

Interior 2

Building Amenities

  • Laundry

Cooling System

  • Other

Exterior 1

Parking

  • Assigned Parking
  • Parking

† Excluded Feature

Listed By

Broker: TONY AZZI

5533 VIRGINIA Avenue, Los Angeles, CA, 90038 is a Single Family Home for sale at $1,795,000 with a lot size of 7500.00 Sqft.. 5533 VIRGINIA Avenue has 0.0 baths and was built in 1924. The property's zip code is 90038 which is in Los Angeles, CA

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Pricing History

Date Price Price Change Description
7/12/2018 $1,795,000 -5.53 % Price Change
6/15/2018 $1,900,000 -4.76 % Price Change
5/7/2018 $1,995,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $2,282,573 27 % above $1,095,000 39 % below
Single family listings in Los Angeles $2,592,750 44 % above $1,269,000 29 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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or Call us at 1-800-839-1363