1125 N Virgil Avenue

  • Los Angeles

  • $1,295,000
  • 0.15 Acres
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Lot/LandDetails

Description & Essential
Description
Development opportunity in prime "Virgil Village" location adj. to Silverlake. Build into stabilized 6.5% cap rate upon lease up. Project delivered RTI "shovel ready". Build two duplexs behind existing SFR as follows: Duplex A- (2) 1,235 SF three-story 3bd/2.5ba townhouses w/ private rooftop decks w/ dramatic landmark & city light views. Duplex B- (2) 1,060 SF two-story 2bd/1.5ba townhouses, & 800 SF existing freestanding 2bd/1.5ba single family home. Each apartment home has W/D, and two parking spaces accessed through the rear alley. Existing home is 3BR and is currently being leased for $3,500/mo and can be delivered vacant. Situated in central location, two blocks from Metro & a few blocks from Silverlake's uber popular Sunset Junction. Walking distance to LA City College, restaurants, shops, markets with 90 walk score. Marketing package available upon request.
Essential
MLS #17245598
Price$1,295,000
Lot Square Feet≈ 6,696
CountyLos Angeles
StateCA
ViewCity Lights,Landmark
Area671 - Silver Lake
StatusActive Under Contract
Sale TypeStandard
Listing BrokerageKeller Williams Beverly Hills
Listing AgentShawn S. Kormondy
Listing Agent BRE #01451888

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, September 25, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.