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

$1,295,000 Sold Price as of 01/07/2022
  • 3 Beds
  • 2 Baths
  • 1,023 Sq.Ft.
Sold
$1,295,000 Sold Price as of 01/07/2022 Refinance Your Mortgage

Map preview of 542 N Virgil Ave, Los Angeles, CA 90004

Property Overview: 542 N Virgil Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,023 living square feet and 7,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming bungalow on big, flat lot, perched majestically above the street. Nice views across the city, western sunsets. Close to downtown, 2 car garage (ADU?) plus lots more parking. Great walking area. Sunset Junction, Silverlake. and Virgil Village. Zoning R3 with TOC & Enterprise Zone Incentives (Buyer to verify.) Great property for homeowners, developers, flippers, land bankers, and anyone who wants a large lot downtown. Opportunity to build multi apartments. Well maintained, single-story home. Tenants on a month-to-month lease at $3,495/mo. Can be delivered vacant. Easy access to transit 101, 110, 5, and 2 Freeways. Close to Metro and more stations may be coming very close. Priced to sell! Buyer to verify all the information with the Department of Building & Safety City of Los Angeles, and own consultants. Property is being sold "AS-IS" present and physical condition with no warranties express or implied. Material believed to be accurate buy not guaranteed. Sale subject to sellers 1031 exchange at no cost to buyers.

Listed by Jason Vogel | BRE #01815890 | Jason Vogel, Broker
Last checked: 13 minutes ago | Last updated: January 7th, 2022 | Source CRMLS | DOM: 239

Home details

Lot Sq. Ft
7,001
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG21057693
City
Los Angeles
County
Los Angeles
Time on Site
1140 days

Property Details for 542 N Virgil Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: In Kitchen
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard, Garden, Lot 6500-9999, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5539029026
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: 101 to Virgil Ave. South of Santa Monica Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Sidewalks, Urban
View more facts & features

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Sale History for 542 N Virgil Ave

Last sold for $1,295,000 on January 7th, 2022
  • January, 2022

  • Jan 2, 2022

    Date

    Pending

    CRMLS: LG21057693

    $1,395,000

    Price

  • Apr 9, 2021

    Date

    Active

    CRMLS: LG21057693

    $1,395,000

    Price

  • Mar 19, 2021

    Date

    Coming Soon

    CRMLS: LG21057693

    $1,395,000

    Price

  • December, 2014

  • Dec 24, 2014

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

  • February, 2004

  • Feb 17, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 542 N Virgil Ave

Assessed Value (2020): $631,884
Year Land Value Improved Value Assessed Value
2020 $468,145 $163,739 $631,884

Home Value Compared to the Market

This property vs the competition

542 N Virgil Ave sold on January 7, 2022 for 17.23% higher 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 $1363.64 per/sqft which puts the price per square foot 80.61% higher than the current median sale per square foot for the city of Los Angeles.

About 542 N Virgil Ave

Detailed summary of property

542 N Virgil Ave is a single family home that recently sold in Los Angeles, CA 90004. This house offered 3 bedrooms, 2 bathrooms, roughly 1,023 living square feet, and sits on an approximately 7,001 square foot lot. 542 N Virgil Ave was first listed on ArdentRealEstateGroup.com on March 19, 2021. The homeowner sold the property for $1,295,000. 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 17.23% higher than the current median priced home. Local homes that are currently for sale include 800 N Hobart, 5006 N Oak Ln and 5004 N Oak Ln. While the average home in Los Angeles, CA is selling in 96 days, 542 N Virgil Ave has a days on market of 239 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 542 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 542 N Virgil Ave

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
995
Lot Size
7,001
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5539-029-026

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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Related Resources to 542 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.