CA > Los Angeles
Los Angeles, CA 90029,1118 N Virgil Avenue
Los Angeles, CA 90029,1118 N Virgil Avenue
Los Angeles, CA 90029,1118 N Virgil Avenue
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$970,000
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4 Beds
2 Baths
1,425 SqFt
Price Dropped by $75K

1118 N Virgil Avenue Los Angeles, CA 90029

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Martha Barragan

Martha Barragan

+1(619) 500-4046

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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,425 sqft

Price per Sqft $680

MLS Listing ID SB25056327

Style Townhome

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1908

Lot Size 5,954 Sqft

Acres 0.1367

Property Sub-Type Townhome

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.
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

Area Los Angeles (90029)

Zoning LAR2

Interior

Cooling Other/Remarks

Exterior

View Other/Remarks

Building

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $31

Miscellaneous Urban

Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Cash To New Loan

Special Listing Condition Standard

San Diego Regional MLS (SDMLS)
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

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agent

Martha Barragan

Agent | License ID: DRE 01358280

+1(619) 500-4046

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1118 N Virgil Avenue

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