John E Burge

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426 N Virgil AvenueLos Angeles, CA 90004

Multi-Family · 3,427 Sq. ft. | 0.16 Acres
$1,399,000 Active

426 N Virgil Avenue Overview

Time on Site:
4 days
Visits:
0

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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426 N Virgil Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,427
  • Price/Sq.ft. $408
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 113592.0
  • Gross Scheduled Income: 113592.0
  • Insurance Expense: 6301.0
  • Net Operating Income: 95186.0
  • Operating Expense: 18406.0
  • Water Sewer Expense: 6814.0

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C21 - Silver Lake - Echo Park
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Trash Collection

Tax Information

  • Tax Annual Amount: 4034.0

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 5539035025
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Building Interior

  • Building Area Total: 3427.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Ground Floor
  • Laundry Features: Washer Hookup,Inside
  • Levels: Multi/Split
  • Spa Features: None
  • Spa: No
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Assigned,Garage,Gated,Shared Driveway,Uncovered
  • Parking Total: 7.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.161
  • Lot Size Area: 7015.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7015.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 0
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

426 N Virgil Avenue Neighborhood

Community

90004 (LOS ANGELES) Demographics

35
Median Age
20,047
Population Density (per sq. mile)
41%
College Educated
$52,775
Estimated Median Income
3,781
Estimated Total Home Owners
18,747
Estimated Total Renters
17% / 83%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

426 N Virgil Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

426 N Virgil Avenue Market Data

Based on the last 30 days in this zip code

$2,458,221
Average List Price
$935
Average Price per Square Foot
13
Properties Sold
96
Average Days on Market
270
Properties for Sale
Calculations provided by Reliance Network

426 N Virgil Avenue History

Date Event Value Agent
6/25/2026Source: CRMLS Added to Database
June 25, 2026
Listing provided courtesy of Coldwell Banker Platinum PropCarlos Arellano- MLS# OC26138170MLS ProviderContact Information: [email protected] - 949-552-0505
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