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

$910,000 Sold Price as of 03/14/2024
  • -- Beds
  • -- Baths
  • 1,286 Sq.Ft.
Sold
$910,000 Sold Price as of 03/14/2024 Refinance Your Mortgage

Map preview of 312 N Virgil Ave, Los Angeles, CA 90004

Property Overview: 312 N Virgil Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,286 living square feet and 7,214 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Steve Aranda | BRE #01435884 | Altadena Real Estate Company
Last checked: 9 minutes ago | Last updated: March 14th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,214
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PF23225736
City
Los Angeles
County
Los Angeles
Time on Site
150 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • 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: --

Property Details for 312 N Virgil Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Gas Dryer Hookup
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 5501003017
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of the 101 on Virgil
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Sale History for 312 N Virgil Ave

Last sold for $910,000 on March 14th, 2024
  • March, 2024

  • Mar 14, 2024

    Date

    Sold

    CRMLS: PF23216789

    $910,000

    Price

  • Nov 28, 2023

    Date

    Active

    CRMLS: PF23216789

    $899,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 14, 2024

    Date

    Sold

    CRMLS: PF23225736

    $910,000

    Price

  • Dec 13, 2023

    Date

    Active

    CRMLS: PF23225736

    $899,000

    Price

Show More

Tax History for 312 N Virgil Ave

Assessed Value (2020): $145,633
Year Land Value Improved Value Assessed Value
2020 $103,774 $41,859 $145,633

Home Value Compared to the Market

This property vs the competition

312 N Virgil Ave sold on March 14, 2024 for 24.45% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $699.07 per/sqft which puts the price per square foot 7.41% lower than the current median sale per square foot for the city of Los Angeles.

About 312 N Virgil Ave

Detailed summary of property

312 N Virgil Ave is a mixed use that recently sold in Los Angeles, CA 90004. This mixed use property offered -- bedrooms, -- bathrooms, roughly 1,286 living square feet, and sits on an approximately 7,214 square foot lot. 312 N Virgil Ave was first listed on ArdentRealEstateGroup.com on December 14, 2023. The homeowner sold the property for $910,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.45% lower than the current median priced home. Local homes that are currently for sale include 3306 City Terrace Dr, 665 W Florence Ave and 1331 W Florence Ave. While the average home in Los Angeles, CA is selling in 93 days, 312 N Virgil Ave has a days on market of 18 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 312 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 312 N Virgil Ave

Public county record property details
Beds
4
Baths
2
Year built
1920
Sq. Ft.
1,286
Lot Size
7,212
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5501-003-017

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
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
65
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Related Resources to 312 N Virgil Ave

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.