636 North Virgil Avenue

Los Angeles, CA 90004

Listing ID: 147754
$1,299,000
For Sale
  • Lot Size Acres 0.161
  • Building Sq Ft 3,000
  • Land Sq Ft 7,013
  • Land Price per Sq Ft $185.22
636 North Virgil Avenue - main image
636 North Virgil Avenue - alt image 2
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Description
PROPERTY DESCRIPTION
FOUR (4) UNIT APARTMENT BUILDING: 3 OUT OF 4 UNITS DELIVERED VACANT!
**ALL OFFERS ARE TO BE SUBMITTED BY FRIDAY, APRIL 19TH AT 3 PM
EXCELLENT OWNER-USER SPACE/REHAB OR DEVELOPMENT OPPORTUNITY
636 NORTH VIRGIL AVENUE IS IN AN OPPORTUNITY ZONE!
BUILDING SIZE: Approximately 3,000 square feet
LOT SIZE: Approximately 7,001 square feet
NUMBER OF UNITS: 4
APN #: 5539-026-020
ASKING PRICE: $1,299,000
YEAR BUILT: 1916
ZONING: LAC2
TYPE OF SALE: Probate
• Rehab or Development opportunity 
• Multi family 4 unit including a back apartment
• Front of the property is two levels
• 3 out of the 4 units will be delivered vacant
• Potential buyers to verify with city for zoning & size of property
• Probate sale, property is being sold in as is condition
The subject property is a four-unit property located minutes from the trendy and high-growth areas of Silverlake, Echo Park, and Los Feliz. It is located in Virgil Village an area that is experiencing a major increase in luxury residential and commercial property developments. While this property can serve well as an owner/user investment, due to its approximately 7,001 square foot lot, it may also be an enticing opportunity for investors and developers alike to turn this parcel into a multi-story residential property or mixed-use development. The front house consists of a three-bedroom/one-bath residence. In addition, there is a detached triplex which includes a two-bedroom/one-bath unit, a one-bedroom/one-bath unit and a single/one-bath unit.
Virgil Village tenants include: Sqirl, Melody, Virgil Normal, The Virgil, The Smog Cutter and Twig and Twine. Virgil Village is situated between the popular walking streets of Los Feliz (Hollywood Blvd., Hillhurst, Vermont, Sunset), The Children’s Hospital, Koreatown, Lafayette Park, Echo Park and Silverlake. The rapidly changing, artsy, central community of Virgil Village has become one of the hottest areas for new, hip retail.
Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population77,053545,4871,113,093
Population Median Age373737
Population by Age0-9 Yrs778157973113199
10-19 Yrs685950663108545
20-29 Yrs15087104067216970
30-39 Yrs15687104708205118
40-49 Yrs1045376574155601
50-59 Yrs919262991129760
60-69 Yrs68674716195671
70+ Yrs51274135088228
Median HH Income$46,927$44,570$47,820
Total Household Income< 24K714662174123399
25-49K79325407897988
50-74K50543568169094
75-99K31042110143187
100-199K40262954968033
200K+12001168828106
Highest Education LevelNo Diploma14114103899197296
Diploma or GED1231075080147986
Some College888358401125930
Assoc. Degree29702082045268
Bachelors Degree1358899606197421
Higher Degree49053940286782
Total Housing Units31,557235,667470,832
--Owner-Occupied3,53629,83379,192
--Renter-Occupied24,926184,439350,615
Owner-Occupied Values< 100K626331728
100-199K545441220
200-299K1118493356
300-399K11915556332
400-499K28319247999
500K+29072432858557
Total Working Age Population65,503457,486938,967
In Work Force46,606323,233636,791
Not In Work Force18,896134,253302,176
Workforce Employed43,420300,571589,382
Workforce Unemployed3,18722,61547,154
Civlian Workforce46,606323,186636,536
Military Workforce047255
Total Households28,462214,272429,808
Family Households14,755107,097211,450
Non-Family Households13,707107,174218,358
Married Couple8,39163,486129,971
Other Family6,36443,61181,479
Married w/Child3,37125,50451,812
Single Male w/Child6165,4289,719
Single Female w/Child2,07713,40624,653

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
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