13
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$1,699,000
Est. payment /mo
7 Beds
7,015 Sqft Lot
Price Dropped by $100K
426 N Virgil Avenue Los Angeles, CA 90004
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25233036
Bedrooms 7
Lot Size 7,015 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Attention investors & developers! Discover 426 N Virgil Ave, a 5-unit multifamily investment gem located just minutes from Silver Lake, Echo Park, Sunset, Hollywood, and Downtown. Generating strong, consistent cash flow with long-term income stability, this property still holds untapped potential for significant rental upside. Its desirable LAR3 zoning also unlocks redevelopment possibilities for up to 9 units. Spanning 3,427 sq ft on a generous 7,013 sq ft lot, it features a dynamic unit mix (1 x 3BD/2BA, 1 x 2BD/1.5BA, 3 x 1BD/1BA) across four well-maintained buildings, all individually metered for easy management and optimal utility efficiency. Includes 6-car driveway parking, plus a garage for parking or storage. Seize this rare opportunity to own a high-yielding, income-producing asset in a thriving rental market!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Virgil & Melrose Ave | Prime Silverlake Location South of Sunset
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5539035025
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Carlos Arellano Coldwell Banker Platinum Prop
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