1118 Virgil Avenue
Los Angeles, CA 90029
$970,000
For Sale
- 0
- 1,425 sq ft
Local Information
About this home
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.
Home Highlights
No Info
None
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$162
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2 months ago
Home Details for 1118, Virgil Avenue
Interior Features
Interior Features
- Laundry: Inside
Exterior Features
Exterior Home Features
- Exterior Details: Other
Parking & Garage
- Garage: No Garage
Pool & Views
- Private Pool: No Private Pool
Water & Sewer
- Water Source: Public
- Sewer: Public Sewer
Property Information
Property Information
- Parcel Number: 5542025004
- Lot Size (sq ft): 6,010
Property Type & Style
- Type: Residential Income
- Subtype: Duplex
Year Built
- Year: 1908
Location
- Directions: Major Cross Streets are Santa Monica Blvd and W Su
Listing Attribution
- Agent Name: Cameron Samimi
- Brokerage: Lyon Stahl Investment Real Estate, Inc.
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