18
See all 18 photos
$970,000
Est. payment /mo
4 Beds
2 Baths
1,425 SqFt
Active
1118 N Virgil Avenue Los Angeles, CA 90029
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Key Details
Property Type Commercial
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 1,425 sqft
Price per Sqft $680
MLS Listing ID CRSB25056327
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1908
Lot Size 5,954 Sqft
Acres 0.1367
Property Sub-Type Duet
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 13.63% cap rate and 6.32 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
Zoning LAR2
Interior
Cooling See Remarks
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Pool None
View Y/N true
View Other
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 5542025004
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.