426 N Virgil Avenue, Los Angeles, California 90004
  • $1,399,000

Overview

Property ID: OC26138170
  • Apartment, Residential Income
  • Property Type
  • 1.0
  • Garage
  • 3427 Sqft
  • Area Size
  • 1924
  • Year Built

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: 426 N Virgil Avenue
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90004
  • Country: US

Details

Updated on June 25, 2026 at 6:27 pm
  • Property ID OC26138170
  • Price $1,399,000
  • Property Size 3427 Sqft
  • Land Area 0.161 Acres
  • Garage 1.0
  • Year Built 1924
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Sewer Public Sewer
  • Cooling None
  • Heating Natural Gas, Wall Furnace
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned, Garage, Gated, Shared Driveway, Uncovered
  • Community Features Curbs, Sidewalks

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