426 N Virgil Avenue, Los Angeles, California 90004
- $1,399,000
- $1,399,000
Overview
- Apartment, Residential Income
- 1.0
- 3427 Sqft
- 1924
Description
Exceptional income-producing multifamily gem in the heart of Los Angeles! Investors and developers will appreciate 426 N Virgil Ave, a 5-unit investment opportunity ideally situated just minutes from Silver Lake, Echo Park, Sunset, Hollywood, and Downtown. Already generating strong, consistent cash flow, this property is offered at an attractive 6.8% cap rate and still presents significant untapped rental potential with approximately 65% NOI upside. Its desirable LAR3 zoning also provides 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 streamlined management and utility efficiency. Includes 6-car driveway parking plus a garage for parking or storage. Don’t miss this rare chance to acquire a high-performing asset in one of Los Angeles’ most sought-after rental markets!
Address
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Address: 426 N Virgil Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90004
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Country: US
Details
Updated on June 25, 2026 at 6:27 pm-
Property ID OC26138170
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Price $1,399,000
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Property Size 3427 Sqft
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Land Area 0.161 Acres
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Garage 1.0
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Year Built 1924
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional
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Sewer Public Sewer
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Cooling None
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Heating Natural Gas, Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned, Garage, Gated, Shared Driveway, Uncovered
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Community Features Curbs, Sidewalks
Mortgage Calculator
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