Active

1118 N Virgil AVE

LOS ANGELES CA, 90029

$1,045,000


$733.33 per sqft

Active

4 Beds

2 Baths

1,425 sqft

Multi-family

Built in 1908

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 12.65% cap rate and 6.80 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.

SB25055220MR

MLS ID

March 11, 2025

Listed

March 13, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Silver Lake - Echo Park


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool Features

None


Zoning

LAR2

Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-259-7556 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/13/2025

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