426 N Virgil Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

426 N Virgil Avenue

Los Angeles, CA 90004
7,015 Lot Sq Ft
Built 1924
$1,349,000
Price ReducedWas $1,399,000 — $1,349,000 (-$50,000)

Property Overview

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 7.1% 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!

Home Details

Property type
Residential Income - Apartment
Year built
1924
Lot size
7,015 sq ft
Parking
7 spaces
Garage
1 spaces
Stories
2
Days on market
61
MLS status
Active
Zoning
LAR3

Features & Amenities

Parking

  • Assigned
  • Garage
  • Gated
  • Shared Driveway
  • Uncovered

Pool

  • None

Lot

  • Rectangular Lot

Community, Schools & Utilities

Community

Annual property tax
$4,034

Utilities

Heating
NaturalGas,WallFurnace
Cooling
None
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

426 N Virgil Avenue

Los Angeles, CA 90004

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Frequently Asked Questions About 426 N Virgil Avenue

Property type: Residential Income

The current asking price is $1,349,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 426 N Virgil Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1924. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 61 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Carlos Arellano
MLS ID: OCARELCAR

Available property

$1,349,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.