Active

426 N Virgil Avenue

Los Angeles, CA 90004
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Bed 0

Bed

Bath 0

Bath

SqFt3,427

Sqft

SqFt7,015

Sqft(Lot)

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 driv eway 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,399,000

AD Id : 86162877

MLS Id : OC26138170

Lot Size : 7,015 Sqft

Living Area Size : 3,427

Year Built : 1924

Garage : 1

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Cooling Features

    None Air Conditioning

    Heating Source

    Natural Gas,Wall Furnace Has Heating

  • Building Information

    Year Built: 1924 Building Area Total: 3,427
  • Pool Features

    None

    Laundry Features

    Washer Hookup,Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.161
  • Lot Size Source: Assessor Lot Size Square Feet: 7015

  • Listing Price Information

    Original List Price: 1,399,000 Listing Contract Date: 2026-06-25
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5539035025 Annual Tax: 4034

  • Garage and Parking

    Garage Description: Assigned,Garage,Gated,Shared Driveway,Uncovered

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Trash Collection

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Directions: Virgil & Melrose Ave | South of Sunset Zoning: LAR3 Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park Property SubType: Apartment
  • Building and Construction

    Property Age: 102 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Ground Floor Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
542 N Commonwealth, Los Angeles, CA, 90004 $1,675,000 3 3 2,847 2,847 SqFt
432 N Commonwealth, Los Angeles, CA, 90004 $795,000 4 2 1,432 1,432 SqFt
441 N Commonwealth Avenue, Los Angeles, CA, 90004 $850,000 1 1 1,014 1,014 SqFt
447 N Commonwealth Avenue, Los Angeles, CA, 90004 $900,000 3 -- 1,798 1,798 SqFt
3812 Middlebury, Los Angeles, CA, 90004 $799,800 3 2 1,240 1,240 SqFt
449 N Virgil, Los Angeles, CA, 90004 $1,299,000 2 2 1,886 1,886 SqFt
3875 Middlebury Street, Los Angeles, CA, 90004 $699,000 2 1 667 667 SqFt
3220 W 2nd Street, Los Angeles, CA, 90004 $1,480,000 8 -- 7,985 7,985 SqFt
210 S Commonwealth Avenue, Los Angeles, CA, 90004 $3,590,000 24 -- 10,884 10,884 SqFt
124 N Westmoreland Avenue, Los Angeles, CA, 90004 $4,350,000 -- -- 17,730 17,730 SqFt

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ByOwner last updated this listing 06/27/2026 @ 13:42

MLS: OC26138170 LISTED BY: Carlos Arellano, Coldwell Banker Platinum Prop 949-552-0505 SOURCE: CRMLS

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