John E Burge

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Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.- MLS# 26669203MLS Provider

5516 Virginia AveLos Angeles, CA 90038

Multi-Family · 21 Beds · 11,550 Sq. ft. | 0.17 Acres
$3,350,000 Active

5516 Virginia Ave Overview

Time on Site:
97 days
Visits:
0

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 15,000 square foot lot.Located in the heart of Hollywood, 55165522 Virginia Ave offers residents a dynamic, centrally located lifestyle within one of Los Angeles' most creative and culturally rich neighborhoods. Just moments from Santa Monica Boulevard, Hollywood Boulevard, and Melrose Avenue, the property places tenants close to major employment hubs, entertainment studios, and an ever-growing mix of dining, retail, and nightlife options.Residents can easily enjoy nearby cafes, local restaurants, and neighborhood conveniences, along with quick access to Hollywood landmarks, music venues, and cultural destinations. The property benefits from a walkable location, convenient public transit access, and strong connectivity toHollywood, Mid-Wilshire, Los Feliz, and Downtown Los Angeles.

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5516 Virginia Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 11,550
  • Price/Sq.ft. $290
  • Lot 0.17 Acres

Details

General

Income/Expenses

  • Gross Income: 329467
  • Net Operating Income: 199454.00

Building Information

  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Hollywood

Tax Information

  • Tax Assessed Value: 219362

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: LAR4

Interior

Beds/Baths

  • Bathrooms Total: 16.00
  • Bedrooms Total: 21

General Information

  • Cooling: None
  • Heating: None
  • Levels: Multi/Split
  • Living Area: 11550
  • Living Area Source: Assessor
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 16

Lot Information

  • Lot Size Acres: 0.1722
  • Lot Size Area: 15000
  • Lot Size Source: Assessor
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 16
  • Other Structures: None

5516 Virginia Ave Neighborhood

Community

90038 (LOS ANGELES) Demographics

34
Median Age
18,237
Population Density (per sq. mile)
40%
College Educated
$48,786
Estimated Median Income
1,034
Estimated Total Home Owners
11,614
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5516 Virginia Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5516 Virginia Ave Market Data

Based on the last 30 days in this zip code

$1,363,950
Average List Price
$784
Average Price per Square Foot
10
Properties Sold
115
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

5516 Virginia Ave History

Date Event Value Agent
3/24/2026Source: CRMLS Added to Database
March 24, 2026
3/24/2026Source: TheMLS (CLAW) Added to Database
March 24, 2026
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