Apartment for sale in Southern California — $1,399,000. Exceptional income-producing multifamily gem in the heart of Los Angeles! Investors and developers will appreciate 426 N Virgil Ave, a 5-unit investment opportunity ideally situated just minutes from Silver Lake, Echo…
$1,399,000
426 N Virgil Avenue, Los Angeles, CA 90004
Exceptional income-producing multifamily gem in the heart of Los Angeles! Investors and developers will appreciate 426 N Virgil Ave, a 5-unit investment opportunity ideally situated just minutes from Silver Lake, Echo Park, Sunset, Hollywood, and Downtown. Already generating strong, consistent cash flow, this property is offered at an attractive 6.8% cap rate and still presents significant untapped rental potential with approximately 65% NOI upside. Its desirable LAR3 zoning also provides redevelopment possibilities for up to 9 units. Spanning 3,427 sq ft on a generous 7,013 sq ft lot, it features a dynamic unit mix (1 x 3BD/2BA, 1 x 2BD/1.5BA, 3 x 1BD/1BA) across four well-maintained buildings, all individually metered for streamlined management and utility efficiency. Includes 6-car driveway parking plus a garage for parking or storage. Don't miss this rare chance to acquire a high-performing asset in one of Los Angeles' most sought-after rental markets!
Listing updated: June 25, 2026 at 11:27 AM
Listed by: Carlos Arellano, Coldwell Banker Platinum Prop
Source: CRMLS, MLS#: OC26138170, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/25/2026 Source: CRMLS, #OC26138170 | Listed for sale | $1,399,000 |
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