$3,350,000
5516 Virginia Avenue, Los Angeles CA 90038
Multi-Family (16 Units)
Property type
73 days
On market
$290
Price per sqft
N/A
Garage
1958
Year built
15,000 sqft
Lot size
Open Houses
Overview
5516 & 5522 Virgina Ave, a charming 16-unit apartment situated on two separate parcels, building located in Hollywood, a highly desired neighborhood in Los Angeles, CA. Built in 1953 and 1958, the property consists of two buildings featuring (11) one-bedroom + one-bathroom units and (5) two-bedroom + one-bathroom units. The building is 11,550 gross square feet and sits on a...
Listing provided by: Michael Kamara DRE #02062158 310-525-5833, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Apr 1, 2026 at 07:25am.
Last checked: Jun 5, 2026 at 12:01am
Source: CRMLS #26669203
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 1 | 1 | — | $1,534 | $16,872 | $20,845 | Unfurnished |
| 5 | 2 | 1 | — | $2,117 | $10,584 | $12,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 16
Financial Snapshot
Gross Rent Multiplier
10.2x
List Price / Annual Gross Rent
Cap Rate
5.85%
NOI / List Price
Net Operating Income: $199,454
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Carport
Parking Total: 16
Lot Information
Land Lease: No
Parcel #: 5536011007
Zoning: LAR4
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 5516 Virginia Avenue, Los Angeles, CA 90038. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,680,000
Total Interest
$3,418,192
Total Payment
$6,098,192
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,579
per month
Property History for 5516 Virginia Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90038.
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