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Key Details
Sold Price $910,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,286 sqft
Price per Sqft $707
MLS Listing ID PF23216789
Sold Date 03/14/24
Style Detached
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1920
Lot Size 7,214 Sqft
Acres 0.1656
Property Description
Located on a commercial corridor, this prime Virgil Village property represents an amazing opportunity for investors, developers, and homeowners alike. With updated plumbing and electric, the current single family residence is completely gated, and will make a comfortable home for a new owner. Likewise, this property could represent the beginning of your rental portfolio, as parking requirements can be far more lenient when adding ADUs, Jr ADUs, and/or Garage Conversion ADUs based on the location. If you are a developer, the special zoning on this property allows for light manufacturing, and might be used in conjunction with the adjacent property which is also for sale. The walkscore for this home is 89, and access to public transportation is exceptional. Convenient to Silverlake, Koreatown, transportation, DTLA and only blocks away from all the exciting new eateries and watering holes that Virgil Village has to offer, this property offers something for everyone.
Located on a commercial corridor, this prime Virgil Village property represents an amazing opportunity for investors, developers, and homeowners alike. With updated plumbing and electric, the current single family residence is completely gated, and will make a comfortable home for a new owner. Likewise, this property could represent the beginning of your rental portfolio, as parking requirements can be far more lenient when adding ADUs, Jr ADUs, and/or Garage Conversion ADUs based on the location. If you are a developer, the special zoning on this property allows for light manufacturing, and might be used in conjunction with the adjacent property which is also for sale. The walkscore for this home is 89, and access to public transportation is exceptional. Convenient to Silverlake, Koreatown, transportation, DTLA and only blocks away from all the exciting new eateries and watering holes that Virgil Village has to offer, this property offers something for everyone.
Location
State CA
County Los Angeles
Area Los Angeles (90004)
Zoning LAMR1
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Alam Khandakar • TRT CAPITAL