1159 N Virgil Avenue
Los Angeles, CA 90029
- – beds
- – baths
- – sqft
- 6,702 sqft lot
- 1924 build
- – on site
1159 N Virgil Ave, a well-positioned quadruplex located in the highly desirable Virgil Village neighborhood of Los Angeles, adjacent to Silver Lake & Los Feliz. Built in 1924, this property offers a mix of four large 1-bedroom/1-bath units, each averaging 864 square feet. Spanning 3,456 square feet in total, the property sits on a large 0.15-acre lot, providing significant potential for the construction of (4) four detached additional dwelling units (ADUs), subject to buyer verification.The property has undergone key upgrades, including a complete re-piping to copper plumbing in 2023, and a new roof installation in the same year. Additionally, each unit has its own washer/dryer hookups, and four new water heaters were installed in 2024, two of them being tankless. With two units currently vacant and fully remodeled, there is an immediate opportunity to owner-occupy or re-lease at market rents, further increasing the income potential. There is also currently room for four uncovered parking spaces in the back of the lot off of the alley.Located just blocks away from the popular Erewhon Market and the trendy coffee shops and restaurants of Silver Lake, 1159 N Virgil Ave offers residents an ideal blend of urban vibrancy and neighborhood charm. The property's proximity to East Hollywood, boutique shops, and a thriving dining scene makes it a prime choice for investors seeking a foothold in one of Los Angeles' most in-demand rental markets.
Listed By CRMLS_CA / Jake Glaser / Lyon Stahl Investment Real Estate, Inc.
Last checked:
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Last updated Nov 2, 2024
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MLS# 24456913 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1924
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New Construction:No
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Building Area Total:3456.00
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Two
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:Located on the west side of Virgil Ave between Santa Monica Blvd and Fountain Ave.
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Latitude:34.09258000
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Longitude:-118.28692100
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:6702.0000
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Lot Size Acres:0.1539
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Lot Size SqFt:6702.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5542026027
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Uncovered
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Parking Spaces:4.00
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Uncovered Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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10/25/24
Oct 25, 2024
|
Listed / Active | CRMLS_CA | $1,300,000 |