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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,045,000
Est. payment /mo
New
1118 N Virgil Avenue Los Angeles, CA 90029
1,425 SqFt
UPDATED:
03/13/2025 07:48 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,425 sqft
Price per Sqft $733
MLS Listing ID CRSB25055220
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1908
Lot Size 6,010 Sqft
Property Sub-Type Duplex
Property Description
Take advantage of seller carry opportunity - 25% down at 5% IO for 2-3 years! 1118 N Virgil Ave is a duplex located in Virgil Village with the opportunity to build two 2Bed+1Bath ADUs in the rear of the property! Once ADUs are built and all units are rented for market, the property will operate at a 12.65% cap rate and 6.80 GRM. This property is ideal for any owner/user or investor looking for a value-add building. 1118 N Virgil is comprised of (2) 2Bed+1Bath units - one of the units is currently vacant. The lot size is 6,010 sqft and zoned LAR2. The subject property is located in Virgil Village, a lively submarket of Los Angeles which features many bars, restaurants and coffee shops including Erewhon, Courage Bagels, Sqirl, KinKan, Voodoo Vin and Melody. The prime location is directly in between Los Feliz and Silverlake.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
Building
Water Public
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