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Listed by Carlos Arellano • Coldwell Banker Platinum Prop
$ 1,799,000
Est. payment /mo
New
426 N Virgil AVE Los Angeles, CA 90004
7,015 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25233036
Year Built 1924
Lot Size 7,015 Sqft
Source California Regional MLS
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
Area C21 - Silver Lake - Echo Park
Interior
Heating Gas, Wall Furnace
Cooling None
Laundry 30, Other
Exterior
Parking Features Assigned Spaces, Garage, Gate / Door Opener, Uncovered Parking
Garage Spaces 7.0
Pool 31, None
Building
Story Split Level
Water District - Public
Others
Tax ID 5539035025
Special Listing Condition Not Applicable
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