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$2,990,000
Listing Price16beds
11baths
6,047sqft
8,363sqft lot
5235 Virginia Ave, Los Angeles, CA 90029
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Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
6047
16
11
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
8363
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$27,600
$1,061,208
$1,273,449
--%
$2,334,657
2019
$27,600
$1,040,400
$1,248,480
--%
$2,288,880
2018
$27,390
$1,020,000
$1,224,000
--%
$2,244,000
2017
$17,488
$540,600
$887,990
--%
$1,428,590
2016
$8,164
$530,000
$0
--%
$530,000
2014
$2,533
$155,504
$38,870
--%
$194,374
2013
$2,533
$154,802
$38,695
--%
$193,497
2012
$2,490
$151,767
$37,937
--%
$189,704
Average Home Price in 90029
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Calculators
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Details for 5235 VIRGINIA AVE
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Guides for Virginia Ave

In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


