Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,552 sqft

Lot size

5,826 sqft

Year built

1920

Stories

2

Pool

None

View

City Lights

Status

Active

Days on market

0

MLS #

249170563

About this property

A rare and versatile investment opportunity in a vibrant and rapidly growing LA neighborhood. The property features a meticulously remodeled main unit with 2 bedrooms plus a den, offering an open-concept layout, laminate flooring, and recessed lighting. With the main unit delivered vacant, it presents a fantastic opportunity for an owner-user to move right in or for an investor to command top-dollar current market rent. Additional highlights include a private front yard, three dedicated parking spaces, plus a separate backyard storage space and an additional room ideal for an office.Zoned [R3], this property offers tremendous high-density development potential for future appreciation, making it an ideal choice for investors and developers.Conveniently located near DTLA, Silver Lake, and Echo Park, with easy access to dining, and transit. A unique blend of immediate rental appeal and long-term upsidedon't miss this opportunity!(Note: Photos were taken previously and may differ from current conditions.)

Location

185 S Virgil Avenue

Los Angeles, Los Angeles, CA, 90004