Description
Take advantage of seller carry opportunity - 25% down at 5% io for 2-3 years! 1118 n virgil ave is a duplex located in virgil village with the opportunity to build two 2bed+1bath adus in the rear of the property! once adus are built and all units are rented for market, the property will operate at a 13.63% cap rate and 6.32 grm. this property is ideal for any owner/user or investor looking for a value-add building. 1118 n virgil is comprised of (2) 2bed+1bath units - one of the units is currently vacant. the lot size is 6,010 sqft and zoned lar2. the subject property is located in virgil village, a lively submarket of los angeles which features many bars, restaurants and coffee shops including erewhon, courage bagels, sqirl, kinkan, voodoo vin and melody. the prime location is directly in between los feliz and silverlake.
Property Type
ResidentialCounty
Los AngelesStyle
ResidentialAD ID
49039285
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: All Bedrooms Down
- Fireplace: None
Cooling Features
- See Remarks
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1908
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1367
- Lot Size Source: Assessor
- Lot Size Square Feet: 5954
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Listing Information
Listing Price Information
- Original List Price: 970,000
- Listing Contract Date: 2025-03-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5542025004
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 2016
- Directions: Major Cross Streets are Santa Monica Blvd and W Sunset Blvd
- Zoning: LAR2
- Source Property Type: Residential
- Area: 699 - Not Defined
- Property SubType: Duplex
Building and Construction
- Property Age: 117
- Common Walls: 2+ Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Total Square Feet Living: 1425
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Duplex
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BuyOwner last updated this listing 05/14/2025 @ 09:10
- MLS: SB25056327
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,425 sqft, 5,954 sized lot, and 0 parking. are nearby neighborhoods.