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5516 Virginia AvenueLos Angeles, CA 90038

For Sale

$3,350,000

Smart Buyer Rebate $33,500

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.

Listed by Michael Kamara

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License #02062158

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Lyon Stahl Investment Real Estate, Inc.

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310-525-5833

Last updated April 01, 2026

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Source: CRMLS #26669203

Listing Facts

  • TypeMulti-family
  • NeighborhoodHollywood Studio District
  • Bedrooms21
  • Days on Prevu39
  • Size11,550 sqft
  • Price per sqft$290

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/24/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$3,350,000

Property Details for 5516 Virginia Avenue

Exterior

Construction

  • Number Of Units Total: 16
  • Stories Total: 2
  • Year Built: 1958

Measurements

  • Building Area Total: 11,550
  • Lot Size Acres: 0.34
  • Lot Size Area: 15,000
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 15,000
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.85
  • Gross Income: $329,467.00

Taxes

  • Parcel Number: 5536011007

Interior

Measurements

  • Living Area: 11,550
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 21

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 16

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 21 bedrooms in this multi-family home at 5516 Virginia Avenue.

Does this multi-family home have parking?

Yes, there are 16 parking spaces available for 5516 Virginia Avenue.

How does 5516 Virginia Avenue compare to other multi-family homes in Hollywood Studio District?

This multi-family home is listed 86% above the average price for multi-family homes in Hollywood Studio District and has been on the market for 60 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 11,550 sqft.

5516 Virginia Avenue is a 21-bedroom multi-family home for sale in Los Angeles CA 90038. On Prevu for 39 days at $3,350,000. This residence features 11,550 square feet of living space, located in Hollywood Studio District. The median listing price for multi-family homes in this area is $1,395,000. Additional amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.