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$ 899,000
Est. payment /mo
Active
157 S Virgil AVE Los Angeles, CA 90004
2 Beds
1 Bath
1,335 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,335 sqft
Price per Sqft $673
MLS Listing ID 26660889
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1909
Lot Size 5,797 Sqft
Property Sub-Type Single Family Residence
Property Description
R3-zoned development opportunity in Koreatown just south of Silver Lake. The approximately 5,798-square-foot lot offers excellent potential for a double duplex with ADUs, a 3-4 home small lot subdivision, or a multifamily apartment project utilizing one of the state's density bonus programs (Buyer to verify all zoning, development potential, and regulations). The property benefits from close proximity to Silver Lake, Koreatown, Hollywood, and Downtown Los Angeles, placing future residents within minutes of major employment centers, nightlife, dining, and entertainment. With convenient access to the Hollywood Freeway (US-101), this central location presents a compelling opportunity for developers seeking to build new housing in a high-demand rental and residential market.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry Inside
Exterior
Pool None
View Y/N No
View None
Private Pool No
Building
Entry Level One
Architectural Style Tudor
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5501016016
Special Listing Condition Standard
Listed by Michael Druker Douglas Elliman #02023164
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