Description
We are pleased to present a15,016 sf double-lot residential redevelopment opportunity located at 443-449 n virgil avenue, losangeles, california. the subject property is located in a great east hollywood location, north of beverly boulevard and east of n vermont avenue. originally built as two (2) separate sfrs on two (2) concurrent parcels, this redevelopment opportunity is zoned r3-1 with numerous project options. totaling 15,016 sf, a developer could choose to simply add square footage and an adu on each lot. the zoning allows for nine (9) units by-right on each lot which opens the door to a nice townhouse style redevelopment. utilizing miip under chip, the recently up zoned land can take advantage of t-2 toic to add 110?nsity for up to twenty-one (21) units per lot. a completed project will enjoy the benefits of living in one of the best submarkets for absorption across the la metro on a major commercial corridor with tons of activity nearby in virgil village, silver lake, echo park,hollywood, and koreatown. residents will appreciate living next to trendy amenities across virgil avenue, beverly boulevard, and throughout the eastside. young professionals will appreciate the close proximity to the freeway, downtown la, and hollywood. situated in a prime east hollywood location, this offering presents a rare opportunity to develop up to forty-two (42) units under chip on two (2) concurrent parcels in a rapidly developing submarket with strong absorption and rent growth.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49455633
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3447
- Lot Size Source: Assessor
- Lot Size Square Feet: 15016
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Listing Information
Listing Price Information
- Original List Price: 2,600,000
- Listing Contract Date: 2025-04-21
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5539034008
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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: C21 - Silver Lake - Echo Park
- Postal Code Plus 4: 2313
- Directions: On Virgil Ave
- Zoning: LAR3
- Source Property Type: Land
- Area: C21 - Silver Lake - Echo Park
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/27/2025 @ 15:46
- MLS: 25527799
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 15,016 sized lot, and 0 parking. are nearby neighborhoods.