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Keller Williams Realty Los Feliz
Overview
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Neighborhood
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$1,045,000
1118 N Virgil Avenue, Los Angeles, CA 90029
4 Beds
2 Baths
1,425
sq ft
.14
ac
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$1,045,000
1118 N Virgil Avenue, Los Angeles, CA 90029
Estimation provided by Keller Williams Realty Inc.
4 Beds
2 Baths
1,425
sq ft
.14
ac
Active
For Sale
Property 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 12.65% cap rate and 6.80 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.
Assessed Value is a combination of the land and additions.
2023
$10,337
(+4.84%)
$830,596
Land 643,876 +
Additions 186,720
2022
$9,860
(+1.23%)
$798,344
Land 618,874 +
Additions 179,470
2021
$9,740
(+3.05%)
$798,344
Land 618,874 +
Additions 179,470
2019
$9,452
(+3.78%)
$790,159
Land 612,529 +
Additions 177,630
2017
$9,108
$759,479
Land 588,745 +
Additions 170,734
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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