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101 N Virgil Ave, Los Angeles, CA 90004
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101 N Virgil Ave Los Angeles, CA 90004

$2,650,000
  • -- Beds
  • -- Baths
  • 5,750 Sq.Ft.
For Sale
$2,650,000 Get Pre-Qualified
Map preview of 101 N Virgil Ave, Los Angeles, CA 90004

Property Overview: 101 N Virgil Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 5,750 living square feet and 5,750 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: An exceptional commercial kitchen opportunity. This prized property has been recently renovated with state-of-the-art equipment allowing a user to take advantage of today's ghost kitchen market. The property is ideally suited for an owner-user seeking premium commercial space or an investor looking for lucrative returns. The flexibility of the current tenancy allows for easy adaptation to an Owner-User's immediate needs. Or as an investor, capitalize on the street's high rental rate, ensuring a rewarding long-term investment. Strategically designed and meticulously equipped, this property is tailor-made for culinary entrepreneurs seeking a turnkey solution for their food-related ventures. Whether you're an aspiring chef, a food production company, or a culinary innovator, this commercial kitchen promises to be the heartbeat of your culinary success. This property is not just a kitchen; it's a culinary ecosystem designed to foster innovation, efficiency, and success. Rampart Village, California is a growing and vibrant area. Rampart Village is experiencing a renaissance, attracting both businesses and residents seeking an urban lifestyle with a strong sense of community. The neighborhood's strategic location, coupled with ongoing infrastructure developments, makes it a hotbed for investment opportunities.

Listed by Yoori Park | BRE #02047251 | Revel Real Estate
Last checked: 58 seconds ago | Last updated: June 6th, 2024 | Source CRMLS | DOM: 155
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Home details

Lot Sq. Ft
5,750
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Other
Status
Active
MLS#
24394884
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 101 N Virgil Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5501007006
Location / Neighborhood
Location Information
  • Directions: Situated on the Corner of 1st Street & N Virgil Ave
View more facts & features

Local Los Angeles Agent

Sale History for 101 N Virgil Ave

Last sold for $1,625,000 on February 15th, 2017

  • February, 2024

  • Feb 2, 2024

    Date

    Active

    CRMLS: 24394884

    $2,650,000

    Price

  • February, 2017

  • Feb 15, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,625,000

    Price

  • July, 2014

  • Jul 9, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,045,000

    Price

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Tax History for 101 N Virgil Ave

Assessed Value (2020): $1,724,462
Year Land Value Improved Value Assessed Value
2020 $1,273,449 $451,013 $1,724,462

Home Value Compared to the Market

This property vs the competition

101 N Virgil Ave is listed 120.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $460.87 per/sqft which puts the price per square foot 40.3% lower than the median price per square foot for the city of Los Angeles.

About 101 N Virgil Ave

Detailed summary of property

101 N Virgil Ave is a other located in Los Angeles, CA 90004 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 5,750 living square feet, and sits on an approximately 5,750 square foot lot. 101 N Virgil Ave was first listed on ArdentRealEstateGroup.com on May 23, 2024. The homeowner is currently asking $2,650,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 120.83% higher than the median priced home. Local competing homes currently for sale include 5115 W Adams Blvd, 4140 Eagle Rock Blvd and 1755 Hauser Blvd. While the average home in Los Angeles, CA is selling in 100 days, 101 N Virgil Ave has a days on market of 155 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 101 N Virgil Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 101 N Virgil Ave

Public county record property details
Beds
--
Baths
--
Year built
1946
Sq. Ft.
5,750
Lot Size
5,750
Stories
1
Type
Warehouse (Industrial)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5501-007-006

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$2,215,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
68
Median Sale to List Price %
110.81%
Avg Days on Market
24
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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