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1258 N Virgil Avenue

Los Angeles (City), CA 90029
  • $1,825,000
  • STATUS: Active
  • ON SITE: 93 Days
  • ID#: 23305533
$1,825,000
  • 9
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,730
    SQFT
  • $489
    $/SQFT
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Sandy Dunkley of Equity Real Estate-Los Angeles (310-877-1887) and Sandra Mcbeth-Wellington of Equity Real Estate-Los Angeles(310-877-1887)


Description

Great Investment Opportunity! This property has been in the same Family for over 55 years. This 5 Unit is located in the highly sought area of Silver lake. An opportunity for an investor to take over a well maintained property, and continue to add-value, push for market rents or develop for a future highest-and-best use development project. This location has exemptions due to the vacant lot right next door and also with it being in the "Transit Area Zone". Centrally located to all shopping, restaurants, and entertainment. Minutes from Downtown Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143005379
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1258 N Virgil Avenue Los Angeles (City), CA 90029

  • Price: $1,825,000
  • Status: Active
  • On Site: 93 Days
  • ID#: 23305533
9
Beds
0
Baths
0
½ Baths
0.13
Acres
3,730
SQFT
$489
$/SQFT
1963
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Great Investment Opportunity! This property has been in the same Family for over 55 years. This 5 Unit is located in the highly sought area of Silver lake. An opportunity for an investor to take over a well maintained property, and continue to add-value, push for market rents or develop for a future highest-and-best use development project. This location has exemptions due to the vacant lot right next door and also with it being in the "Transit Area Zone". Centrally located to all shopping, restaurants, and entertainment. Minutes from Downtown Los Angeles.
Exterior Features

Attached Garage YN Yes Carport YN Yes Parking Features Attached CarportCovered Parking Total 0

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Gross Income 58848 Insurance Expense 3600 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 41838 New Construction YN No New Taxes Expense 11210 Other Expense 2200 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Sandy Dunkley of Equity Real Estate-Los Angeles (310-877-1887) and Sandra Mcbeth-Wellington of Equity Real Estate-Los Angeles(310-877-1887)