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

$1,195,000
  • -- Beds
  • -- Baths
  • 1,278 Sq.Ft.
For Sale
$1,195,000 Get Pre-Qualified
Map preview of 316 N Virgil Ave, Los Angeles, CA 90004

Property Overview: 316 N Virgil Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,278 living square feet and 7,168 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: Property is being sold as is with tenants for land value only. The property has LAMR1 Zoning which may allow for Light Manufacturing uses. Please check with city as agent or owner do not make any representations. The property and its neighboring property are sandwiched between a 7/11 and the fire department station. This property has a great opportunity to be developed into many light manufacturing uses. The LAMR1 Zone is rear in that part of LA as it sits smack in the middle of everything. Think may be a commercial kitchen, a laboratory, or other potential uses.

Listed by Carlos Borraez | BRE #00930706 | Keller Williams R. E. Services
Last checked: 13 minutes ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 182
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Home details

Lot Sq. Ft
7,168
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Industrial
Status
Active
MLS#
GD23197943
City
Los Angeles
County
Los Angeles
Time on Site
187 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
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 316 N Virgil Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5501003018
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: on Silver Lake Blvd, to Virgil Ave, right
View more facts & features

Local Los Angeles Agent

Sale History for 316 N Virgil Ave

View property's historical transactions

  • October, 2023

  • Oct 30, 2023

    Date

    Active

    CRMLS: GD23197943

    $1,195,000

    Price

Tax History for 316 N Virgil Ave

Assessed Value (2020): $108,681
Year Land Value Improved Value Assessed Value
2020 $77,644 $31,037 $108,681

Home Value Compared to the Market

This property vs the competition

316 N Virgil Ave is listed 2.45% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $935.05 per/sqft which puts the price per square foot 20.81% higher than the median price per square foot for the city of Los Angeles.

About 316 N Virgil Ave

Detailed summary of property

316 N Virgil Ave is a industrial located in Los Angeles, CA 90004 and is currently for sale. This industrial property offers -- bedrooms, -- bathrooms, roughly 1,278 living square feet, and sits on an approximately 7,168 square foot lot. 316 N Virgil Ave was first listed on ArdentRealEstateGroup.com on October 30, 2023. The homeowner is currently asking $1,195,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.45% lower than the median priced home. While the average home in Los Angeles, CA is selling in 96 days, 316 N Virgil Ave has a days on market of 182 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 316 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 316 N Virgil Ave

Public county record property details
Beds
4
Baths
2
Year built
1913
Sq. Ft.
1,278
Lot Size
7,165
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5501-003-018

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
64
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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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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