426 N Virgil Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
426 N Virgil Avenue,Los Angeles, CA 90004
$1,399,000
  • - Beds
  • - Baths
  • 3,427 sq. ft.
  • Multi-family
  • Active
Listed by: carlos arellano
Office: coldwell banker platinum prop949-552-0505
MLS#:OC26138170
Source:CRMLS

Price summary

  • Price:$1,399,000
  • Price per sq. ft.:$408.23

About this home

Exceptional income-producing multifamily gem in the heart of Los Angeles! Investors and developers will appreciate 426 N Virgil Ave, a 5-unit investment opportunity ideally situated just minutes from Silver Lake, Echo Park, Sunset, Hollywood, and Downtown. Already generating strong, consistent cash flow, this property is offered at an attractive 6.8% cap rate and still presents significant untapped rental potential with approximately 65% NOI upside. Its desirable LAR3 zoning also provides redevelopment possibilities for up to 9 units. Spanning 3,427 sq ft on a generous 7,013 sq ft lot, it features a dynamic unit mix (1 x 3BD/2BA, 1 x 2BD/1.5BA, 3 x 1BD/1BA) across four well-maintained buildings, all individually metered for streamlined management and utility efficiency. Includes 6-car driveway parking plus a garage for parking or storage. Don't miss this rare chance to acquire a high-performing asset in one of Los Angeles' most sought-after rental markets!

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Home facts

  • Year built:1924
  • Listing ID #:OC26138170
  • Added:6 day(s) ago
  • Updated:July 02, 2026 at 10:36 AM

Rooms and interior

  • Living area:3,427 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Year built:1924
  • Building area:3,427 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$408.23
  • Tax amount:$4,034

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:7
  • Parking description:Assigned, Garage, Gated, Shared Driveway, Uncovered
  • Garage:Yes
  • Garage spaces:1
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