186 S Virgil Avenue
Los Angeles, CA 90004
6,812Sqft(Lot)
182 & 186 S Virgil Ave present a rare LAR3 / TOC Tier 3 development opportunity in a prime infill Los Angeles location. The offering consists of two contiguous parcels preferably sold together ($2.2m), creating an efficient 12,638 SF site per ZIMAS. Located in the heart of Koreatown, the property sits within one of Los Angeles' most supply-constrained, high-density rental submarkets, known for strong multifamily fundamentals and durable tenant demand. The area continues to see active infill redevelopment driven by proximity to major employment centers, neighborhood-serving retail, and transit. The site benefits from TOC Tier 3 designation, allowing for density increases and reduced parking requirements, enhancing feasibility and project efficiency. Surrounding uses include mid-rise and hig
Property Details
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Features
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Lot Information
Main Square Feet: 6812 Lot Size Acres: 0.1564 Lot Size Square Feet: 6,812
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Listing Price Information
Listing Price: $1100000Original Price: $1247500
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Tax Information
Parcel Number: 5501017022
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Location Information
Direction: Located on S Virgil Ave between W 1st St and Beverly Blvd
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 439 N Commonwealth Avenue, Los Angeles, CA, 90004 | $900,000 | -- | -- | -- | 7,506 Sqft(Lot) |
| 339 N Virgil Avenue, Los Angeles, CA, 90004 | $2,120,000 | -- | -- | -- | 6,839 Sqft(Lot) |
| 182 S Virgil Avenue, Los Angeles, CA, 90004 | $1,100,000 | -- | -- | -- | 6,952 Sqft(Lot) |
| 553 N Heliotrope Drive, Los Angeles, CA, 90004 | $1,300,000 | -- | -- | -- | 8,001 Sqft(Lot) |
| 240 S Normandie Avenue, Los Angeles, CA, 90004 | $2,399,000 | -- | -- | -- | 9,004 Sqft(Lot) |
| 4915 Elmwood, Los Angeles, CA, 90004 | $1,650,000 | -- | -- | -- | 6,803 Sqft(Lot) |
| 250 N Wilton Place, Los Angeles, CA, 90004 | $1,395,000 | -- | -- | -- | 6,937 Sqft(Lot) |
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ByOwner last updated this listing 08/01/2026 @ 13:05
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