449 - 443 N Virgil Avenue, Los Angeles, CA 90004
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
449 - 443 N Virgil Avenue,Los Angeles, CA 90004
$2,600,000
- 6 Beds
- 4 Baths
- 2,866 sq. ft.
- Single family
- Active
Listed by:john boyett
Office:cbre
MLS#:25527823
Source:CRMLS
Price summary
- Price:$2,600,000
- Price per sq. ft.:$907.19
About this home
We are pleased to present a15,016 SF double-lot residential redevelopment opportunity located at 443-449 N Virgil Avenue, Los Angeles, California. The subject property is located in a great East Hollywood location, north of Beverly Boulevard and east of N Vermont Avenue. Originally built as two (2) separate SFRs on two (2) concurrent parcels, this redevelopment opportunity is zoned R3-1 with numerous project options. Totaling 15,016 SF, a developer could choose to simply add square footage and an ADU on each lot. The zoning allows for nine (9) units by-right on each lot which opens the door to a nice townhouse style redevelopment. Utilizing MIIP under CHIP, the recently upzoned land can take advantage of T-2 TOIC to add 110% density for up to twenty-one (21) units per lot. A completed project will enjoy the benefits of living in one of the best submarkets for absorption across the LA metro on a major commercial corridor with tons of activity nearby in Virgil Village, Silver Lake, Echo Park,Hollywood, and Koreatown. Residents will appreciate living next to trendy amenities across Virgil Avenue, Beverly Boulevard, and throughout the Eastside. Young professionals will appreciate the close proximity to the freeway, Downtown LA, and Hollywood. Situated in a prime East Hollywood location, this offering presents a rare opportunity to develop up to forty-two (42) units under CHIP on two (2) concurrent parcels in a rapidly developing submarket with strong absorption and rent growth.
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Home facts
- Year built:1906
- Listing ID #:25527823
- Added:163 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,866 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1906
- Building area:2,866 sq. ft.
- Lot area:0.34 Acres
Finances and disclosures
- Price:$2,600,000
- Price per sq. ft.:$907.19
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