$899,000

157 S Virgil Avenue, Los Angeles, CA 90004

2 beds |
1 bath |
1,335 sqft

Single-Family Home
Built in 1909
5,798sqft lot
—— car garage
$673/sqft
Listed 4 days ago

Property Description

R3-zoned development opportunity in Koreatown just south of Silver Lake. The approximately 5,798-square-foot lot offers excellent potential for a double duplex with ADUs, a 3-4 home small lot subdivision, or a multifamily apartment project utilizing one of the state's density bonus programs (Buyer to verify all zoning, development potential, and regulations). The property benefits from close proximity to Silver Lake, Koreatown, Hollywood, and Downtown Los Angeles, placing future residents within minutes of major employment centers, nightlife, dining, and entertainment. With convenient access to the Hollywood Freeway (US-101), this central location presents a compelling opportunity for developers seeking to build new housing in a high-demand rental and residential market.

Listing Status:: Active
Date Added:: March 6, 2026
Data Last Updated:: March 10, 2026 at 10:20PM
Listing Office:: Douglas Elliman : 310-595-3888
Listing Agent:: Michael Druker : 917-660-6233
MLS ID:: 26660889

Laundry: Inside
Flooring: Wood
A/C: Wall/Window Unit(s)
Heating: Wall Furnace
Fireplace: None

General: None
Style: Tudor
Pool: None
Parking: Parking spaces: 0

General: 1

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LAR35501016016
View: None

Source: CRMLS_CL

This listing courtesy of Michael Druker , Douglas Elliman

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Commonwealth Avenue Elementary School

215 S Commonwealth Ave, Los Angeles, CA, 90004

Grades 1-5

0.10 miles away

Virgil Middle School

152 N Vermont Ave, Los Angeles, CA, 90004

Grades 6-8

0.28 miles away

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.