426 N Virgil Avenue, Los Angeles, CA 90004
- 3,427 sqft
Rental 
Built in 1924 
7,013sqft lot
1 car garage 
$408/sqft 
Listed 10 days ago
Property Description
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!
- Listing Status:
- Active
- Date Added:
- June 25, 2026
- Data Last Updated:
- July 5, 2026 at 2:16PM
- Listing Office:
- Coldwell Banker Platinum Prop : 949-552-0505
- Listing Agent:
- Carlos Arellano : 949-552-0505
- MLS ID:
- OC26138170
- General: None
- Pool: None
- Parking: AssignedGarageGatedShared DrivewayUncoveredParking spaces: 7
- General: 2
- HOA Amenities: 0.0
- Originating MLS: CRMLS_CRM
- County: Los Angeles
- Zoning: LAR35539035025
- Water: Public
- Sewer: Public Sewer
- Source: CRMLS_CRM
This listing courtesy of Carlos Arellano , Coldwell Banker Platinum Prop
