858 N Virgil

  • $1,115,000
Sold Los Angeles, Virgil Village
858 N Virgil Ave, Los Angeles CA 90029
  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 4.67
  • Cap Rate
  • 14.92
  • GRM
  • $278,750
  • Price/Unit
Sold
858 N Virgil Ave, Los Angeles CA 90029
  • $1,115,000

Overview

  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 4.67
  • Cap Rate
  • 14.92
  • GRM
  • $278,750
  • Price/Unit

Description

To know is to love this Arts and Crafts quad.

Original exterior architectural details charm and welcome through the green gated entry way. All four units enjoy cozy personal outdoor space (porch lowers, balconies uppers). Interiors are spacious front to back 1b1b’s drenched in natural light, and offer the period aesthetic and practicality of built-ins. This location is so vibrant.

Local proprietors like Vinovore and Sqirl add texture and interest amongst the polished offerings of Erewhon, Tartine, Intelligentsia, and Silver Lake Pool & Inn. Want to get to DTLA or Hollywood? Just go 4 blocks to the Redline Metro stop. In addition to 4 surface lot parking spaces, property has a large 4-car garage providing additional storage income or possible ADU conversion (buyer to verify). Future potential is plentiful thanks to LAC1 zoning along with TOC Tier 3 and Opportunity Zone designations.

Come and feel the energy and excitement driving development and revitalization in Virgil Village.

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 3,288 Sq Ft
  • Lot Size: 5,665 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 4
  • Year Built: 1916
  • Price: $1,115,000
  • Number of Units: 4
  • Price/Unit: $278,750
  • GRM: 14.92
  • Price/SqFt: $339
  • CAP: 4.67
  • Address 858 N Virgil Ave
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90029
  • Area Virgil Village

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