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Listed by Carlos Arellano • Coldwell Banker Platinum Prop
$1,699,000
Est. payment /mo
3,427 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,427 sqft
Price per Sqft $495
MLS Listing ID CROC25233036
HOA Y/N No
Year Built 1924
Lot Size 7,015 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Laundry Other, Inside
Building
Lot Description Other
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