MLS® ID: 17245598
1125 N VIRGIL Avenue
Los Angeles, California, 90029 $1,295,000
Development opportunity in prime "Virgil Village" location adj. to Silverlake. Build into stabilized 6.5% cap rate upon lease up. Project is LADBS plan check approved. Buyer to pull permits and build. Build two duplexs behind existing REMODELED SFR as follows: Duplex A- (2) 1,235 SF three-story 3bd/2.5ba townhouses w/ dramatic landmark & city light views. Duplex B- (2) 1,060 SF 2bd/1.5ba, & 800 SF existing freestanding 2bd/1.5ba single family home. Each apartment home has W/D, and two parking spaces accessed through the rear alley. Existing home delivered vacant. Situated in central location, two blocks from Metro & a few blocks from Silverlake's uber popular Sunset Junction. Walking distance to LA City College, restaurants, shops, markets with 90 walk score. Marketing package available upon request.