2823 Virginia Rd

16
Baths
6,463 Sq. Ft.
$495 / Sq. Ft.
6,463
Sq. Ft.
$495
per Sq. Ft.

Description

Sold before processing.Sold before processing.
  1. Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #01921425 • The 2-4 Unit Specialists
  2. Listed by Ian Maddox • DRE #02030205 • Brokerage DRE #01921425 • The 2-4 Unit Specialists

Property Details for 2823 Virginia Road

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6463
Assessor Parcel Number
5050-013-012
Property Attached YN
true
LISTING CLOSED: 01/03/2024 12:00 AM

Property Details for 2823 Virginia Road

StatusClosed
MLS #BB24001331
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.12 AC / 5,232 SF
CountyLos Angeles County

Location

Listing Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425; The 2-4 Unit Specialists, Ian Maddox, DRE #02030205

Sold By The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425

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Building Information for 2823 Virginia Road

Stories3Residences-Year Built2023Building Size-Lot Size0.12 AC / 5,232 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$19,559 per month

30 year fixed, 6.55% Interest

Principal and Interest

$16,265

Property Taxes

$3,294

HOA Dues

$0

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Property Information for 2823 Virginia Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $18,600
  • Gross Scheduled Income: $223,200
  • Vacancy Allowance: 8928
  • Gross Operating Income: $214,272
  • Net Operating Income: $170,518
  • Gross Multiplier: 14.33
  • Cap Rate: 5.33
  • Financing: Cash
Expense Details
  • Operating Expense: $43,754
  • New Taxes Expense: $38,369
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,585
  • Maintenance Expense: $1,600
  • Trash Expense: $0
  • Total Expenses: $43,754
Tax / Assessment Info
  • Tax Tract Number: 5780
  • Tax Census Tract: 2200.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 316
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Landscaped, Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4900
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Disposal: 4

Property History for 2823 Virginia Road

DateEvent & SourcePriceAppreciation
Jan 3, 2024

Sold

CRMLS #BB24001331

$3,200,000
Jan 3, 2024

Listed (Active)

CRMLS #BB24001331

$3,199,000
Jan 3, 2024

Sold

CLAW #BB24001331MR

$3,200,000
DateEvent & SourcePrice
01/03/2024

Sold

CRMLS #BB24001331

$3,200,000
01/03/2024

Listed (Active)

CRMLS #BB24001331

$3,199,000
01/03/2024

Sold

CLAW #BB24001331MR

$3,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2823 Virginia Road

Taxable ValueLand$1,958,400Additions$1,305,600Total$3,264,000
Tax Record2025$39,531 ($3,294 / month)
Home Facts
Total Finished SqFt6,424 SqFtAbove Grade Finished SqFt6,424 SqFtStories1Lot Size5,232 SqFtStyleDuplexYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN5050-013-012

Schools near 2823 Virginia Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Virginia Road Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

ISANA Nascent Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425; The 2-4 Unit Specialists, Ian Maddox, DRE #02030205

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.