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312 N Virgil AVE Los Angeles, CA 90004
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Key Details
Sold Price $910,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PF23225736
Sold Date 03/14/24
HOA Y/N No
Year Built 1920
Lot Size 7,213 Sqft
Property Description
Located on a commercial corridor, this prime Virgil Village property represents an amazing opportunity for investors, developers, and homeowners alike. With updated plumbing and electric, the current single family residence is completely gated, and will make a comfortable home for a new owner. Likewise, this property could represent the beginning of your rental portfolio, as parking requirements can be far more lenient when adding ADUs, Jr ADUs, and/or Garage Conversion ADUs based on the location. If you are a developer, the special zoning on this property allows for light manufacturing, and might be used in conjunction with the adjacent property which is also for sale. The walkscore for this home is 89, and access to public transportation is exceptional. Convenient to Silverlake, Koreatown, transportation, DTLA and only blocks away from all the exciting new eateries and watering holes that Virgil Village has to offer, this property offers something for everyone.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Cooling None
Fireplace No
Laundry Gas Dryer Hookup
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5501003017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Alam Khandakar • TRT CAPITAL