16-Unit Apartment
For Sale
$3,350,000
5516 Virginia Ave, Los Angeles, CA 90038
Two buildings provide a mix of one- and two-bedroom apartments in Hollywood.
Property Size11,550 SF
Lot Size0.34 Acres
Price / SF$290.04
Days on Market160
Property Features for 5516 Virginia Ave
General Information
Standard status
Active
Size
11,550 SF
Lot size
0.34 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
11 x 1BR/1BA, 5 x 2BR/1BA
Multifamily Units
16
Additional Details
Public Transit
Yes
Building Details
Building Size
11,550 SF
Year Built
1958
Buildings
2
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Michael Kamara · License #02062158
Source:
Benbelack
Added: Mar 24
Changed: Aug 29
Last Checked: Jul 29 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
This multifamily property comprises two apartment buildings on separate parcels, with 16 units in total. The unit mix includes 11 one-bedroom, one-bathroom apartments and 5 two-bedroom, one-bathroom apartments. Combined improvements total 11,550 gross square feet on a 15,000-square-foot lot.
The property is situated in Hollywood, near Santa Monica Boulevard, Hollywood Boulevard, and Melrose Avenue. The surrounding area includes dining, retail, nightlife, entertainment studios, music venues, and cultural destinations, with public transit access and connectivity to Mid-Wilshire, Los Feliz, and Downtown Los Angeles.
The property is situated in Hollywood, near Santa Monica Boulevard, Hollywood Boulevard, and Melrose Avenue. The surrounding area includes dining, retail, nightlife, entertainment studios, music venues, and cultural destinations, with public transit access and connectivity to Mid-Wilshire, Los Feliz, and Downtown Los Angeles.
Key Highlights
- 16‑unit apartment property across two separate parcels
- Unit mix includes 11 one‑bedroom and 5 two‑bedroom apartments
- All units feature one bathroom
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
2,925
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings provide a mix of one- and two-bedroom apartments in Hollywood.
Where is this apartment building located?
The property is located at 5516 Virginia Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 16‑unit apartment property across two separate parcels; Unit mix includes 11 one‑bedroom and 5 two‑bedroom apartments; All units feature one bathroom
