Development opportunity in prime "Virgil Village" location adj. to Silverlake. Build into stabilized 6.5% cap rate upon lease up. Project delivered RTI "shovel ready". Build two duplexs behind existing SFR as follows: Duplex A- (2) 1,235 SF three-story 3bd/2.5ba townhouses w/ private rooftop decks w/ dramatic landmark & city light views. Duplex B- (2) 1,060 SF two-story 2bd/1.5ba townhouses, & 800 SF existing freestanding 2bd/1.5ba single family home. Each apartment home has W/D, and two parking spaces accessed through the rear alley. Existing home is 3BR and is currently being leased for $3,500/mo and can be delivered vacant. Situated in central location, two blocks from Metro & a few blocks from Silverlake's uber popular Sunset Junction. Walking distance to LA City College, restaurants, shops, markets with 90 walk score. Marketing package available upon request.
located at 1125 North VIRGIL Avenue, Los Angeles (City), CA
is currently for sale.
1125 North VIRGIL Avenue, Los Angeles (City) is listed
If the property located at 1125 North VIRGIL Avenue, Los Angeles (City), CA isn't what you're looking for,
California real estate
to see other
houses for sale in Los Angeles.