426 N Virgil AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
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