Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

6,047 sqft

Lot size

8,365 sqft

Year built

2016

Stories

2

Garage spaces

4

Style

Contemporary

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

72

MLS #

246866979

About this property

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.

Location

5235 Virginia Avenue

Los Angeles, Los Angeles, CA, 90029