Los Angeles, CA 90004,426 N Virgil AVE
Los Angeles, CA 90004,426 N Virgil AVE
Los Angeles, CA 90004,426 N Virgil AVE
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$1,799,000
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7,013 Sqft Lot
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426 N Virgil AVE Los Angeles, CA 90004

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25233036

HOA Y/N No

Year Built 1924

Annual Tax Amount $4,034

Lot Size 7,013 Sqft

Property Sub-Type Quadruplex

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

Zoning LAR3

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace No

Laundry Washer Hookup, Inside

Exterior

Parking Features Assigned, Garage, Gated, Shared Driveway, Uncovered

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5539035025

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


CRMLS – RECore
Listed by Carlos Arellano Coldwell Banker Platinum Prop 714-458-3721

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Andre Hobbs

Andre Hobbs

San Diego Broker | Military Veteran | License ID: 01485241

+1(619) 349-5151

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426 N Virgil AVE