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110 S Virgil Avenue, Los Angeles, CA 90004

$1,050,000
Multi Family MLS# SB17082609 ID: 45091819
$1,050,000 Get Rates

Property developers or apartment designers, contractors, architects perfect canvas for you.This 2 unit building has become obsolete in its present income position, it will be a dream investment for the person looking to turn it into a positive cash flow position. Located on prime land and is waiting to be put to its highest and best use. Sitting atop a hill, it provides scenic and Iconic views of the Hollywood hills, Hollywood sign and many other attractions. Minutes from Downtown, Silver lake, & Los Feliz. Zoned (LAR3) Can build up to 7 units (6301 SQ FT). Located Next to A large Apartment Complex A Variance request may allow more units. Studios, 1 AND 2 Bedrooms in surrounding area range from $1,600-$3,500 MONTHLY.Location lends itself to an apartment type structure with underground parking . SELLER IS LOOKING FOR BUYER WHO HAS THE VISION TO REBUILD AN UPSCALE RETREAT THAT FITS WITH THIS BOOMING URBAN AREA. LOTS OF REVITALIZATION ALREADY UNDERWAY, KOREA TOWN AND SURROUNDING AREA HAVE NEW COMPANIES AND BUILDING PROJECTS TOO NUMEROUS TO MENTION. Property Sold AS IS Condition. Buyer to verify all information and satisfy any concerns with inspections at own cost.

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Location Information near 110 S Virgil Avenue
Offered by Willie Brown at Boot Camp Realty, Inc.

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Property Features for 110 S Virgil Avenue
Status
Market Status
Available
Last Updated
September 22, 2017
Description
Property Type
Multi Family
Year Built
1923
Stories
2.0

Building Features

  • Cooling System: Central Air Conditioning
  • Dwelling Faces: Western Exposure

Community Info

  • Home Owner Asso.: Sidewalks

Location

  • MLS Area: Krea - Koreatown
  • Willie Brown
  • Boot Camp Realty, Inc.

Data Provided by:
California Regional Multiple Listing Service

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More information about this $1,050,000 Multi Family at 110 S Virgil Avenue

This $1,050,000 Multi Family at 110 S Virgil Avenue in Los Angeles, CA is presented by Willie Brown. This $1,050,000 Multi Family, located in the 90004 zip code, has the following property features: MLS Area, Home Owner Asso., Cooling System, Dwelling Faces. This 110 S Virgil Avenue Multi Family, located in Los Angeles County , is listed under MLS listing number SB17082609 and has a listing price of $1,050,000. You can find more LOS ANGELES homes for sale here.