5235 W Virginia Avenue,  Hollywood CA, 90029 (Residential Income)

6,288 sqft
Status: Backup Offers
MLS#: PW16719558
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Last Updated: 12/6/2016 2:03 AM
Description for 5235 W Virginia Avenue Hollywood, CA 90029
We present you with a new construction, green certified fourplex. This property is in the final stages of construction, with an estimated completion in the next week. Certificate of Occupancy should follow quickly. Property is not subject to rent control. With a total of 6,288 livable square feet in four single level living units, this Virginia Avenue fourplex is one of the largest four unit income properties available on the LA county market. Three of the four units have 4 bedroom, 3 bathroom units and roughly 1600 square feet. The fourth unit is has 4 bedrooms and 2 baths and 1,455 square feet. All four units have one covered and one uncovered parking space, which is a hot commodity in LA neighborhoods. All four units have spacious open floorpans, high quality materials and finishes, private laundry rooms with laundry hook-ups, and come furnished with stainless steel kitchen appliances. They are equipped with separate meters for water, gas and electricity. There is a fifth water and electric meter for the owner's common areas lighting and irrigation. Plans include installation of 'LID' containers for rain runoff capturing, drought tolerant landscaping and energy efficient appliances and fixtures presenting the buyer with a Green Certified property. This Virginia Avenue fourplex is ideally located in a trendy Hollywood neighborhood, less than 1 mile from LA City College, and a short drive to Griffith Park, Silverlake, Sunset Junction and downtown Hollywood.
Price
$2,249,000
Los Angeles
6,288 (approx)
PW16719558
Backup Offers
Description
We present you with a new construction, green certified fourplex. This property is in the final stages of construction, with an estimated completion in the next week. Certificate of Occupancy should follow quickly. Property is not subject to rent control. With a total of 6,288 livable square feet in four single level living units, this Virginia Avenue fourplex is one of the largest four unit income properties available on the LA county market. Three of the four units have 4 bedroom, 3 bathroom units and roughly 1600 square feet. The fourth unit is has 4 bedrooms and 2 baths and 1,455 square feet. All four units have one covered and one uncovered parking space, which is a hot commodity in LA neighborhoods. All four units have spacious open floorpans, high quality materials and finishes, private laundry rooms with laundry hook-ups, and come furnished with stainless steel kitchen appliances. They are equipped with separate meters for water, gas and electricity. There is a fifth water and electric meter for the owner's common areas lighting and irrigation. Plans include installation of 'LID' containers for rain runoff capturing, drought tolerant landscaping and energy efficient appliances and fixtures presenting the buyer with a Green Certified property. This Virginia Avenue fourplex is ideally located in a trendy Hollywood neighborhood, less than 1 mile from LA City College, and a short drive to Griffith Park, Silverlake, Sunset Junction and downtown Hollywood.
Listing Information
Property Type: Cluster, Contemporary, Spanish, 2 Story
0.18 Acres 826,300 sq.ft. 6,288 (approx)
$357.67 2016
Yes- 4 spaces 2
4 Total
Neighborhood
Room Information
Living Room
Master Suite, Walk-In Closet
Hookups in Laundry Room
Bathtub
Interior Features
Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator, Carbon Monoxide Detector
Hardwood Laminate
Central Air
Forced Air
Alarm -Smoke/Fire,
Exterior / Lot Features
4 Garage Spaces, 8 Parking Spaces, Handicap Parking, Garage, On Site
Balcony
None
No Pool
Gutters, Sidewalks, Street Lights, Rain Gutters
Driving Directions
101 FWY, EXIT SANTA MONICA BLVD, HEAD EAST, THEN NORTH ON HOBART, EAST ON VIRGINIA
Financial Considerations
5537010022
$177,600 Income ,$33,802Expense
Listing Price History

Hollywood Real Estate

Hollywood is located in California. Hollywood, California 90029 has a population of 1,902,251.

The median household income in Hollywood, California 90029 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Hollywood 90029 is 34.1 years.

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Courtesy: Citivest Realty Services Seth Hamilton
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Information is deemed reliable but is not guaranteed.

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