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316 N Virgil Ave, Los Angeles, CA, 90004

6beds
4baths
1,278sqft
$979,999
$767price/sqft
$6,850/moest. monthly cost
$274,000/yrincome needed

About This Home

Located just steps from the heart of Silver Lake, this duplex presents a rare opportunity for investors, developers, or savvy buyers looking to add value in one of Los Angeles’ most desirable neighborhoods. Situated on a generous lot, the property offers strong income potential as-is, with excellent upside for future renovation, expansion, or redevelopment. Each unit features its own private entrance and functional layout, providing flexible living arrangements and the opportunity to modernize for increased rental income. With a mix of original character and minor updates throughout, this property is a true blank canvas ready for a new vision. Located in a high-demand rental area near Silver Lake, tenants are drawn to the neighborhood’s walkability, vibrant culture, and creative energy. Enjoy proximity to trendy coffee shops, local boutiques, art galleries, and some of Los Angeles’ most popular dining destinations. Don't miss this opportunity!

Getting Around

89
WalkingVery Walkable
66
TransitGood Transit
57
BikeBikeable

Construction

Condition

  • Year built: 1913

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 4
  • Main level bedrooms: 6

Features

  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,278 sqft

Property

Details

  • Parcel number: 5501003018
  • Attached to another structure: Yes
  • Special condition: Standard
  • Exclusions: ALL PERSONAL ITEMS

Features

  • Levels: One
  • Stories: 1
  • Entry location: FRONT
  • Pool features: None
  • Patio & porch: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,168 sqft
  • Features: No Landscaping

Parking

  • Parking features: Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,955$59,460
Home Insurance *$231$2,772
Property Taxes $1,266$15,192
Electricity $398$4,786
Total$6,850$82,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$234,857/yr
40% on housing$205,500/yr
45% on housing$182,666/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$767This listing

vs Other Active Listings

Avg $/sqft

ZIP 90004$614
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90004$875
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Price change$979,999
2026-03-09Listed for sale$999,999
2025-10-12Listing removed$1,089,900
2025-06-23Listed for sale$1,089,900

For Sale by Agent

AgentCarlos Garcia
BrokerageLuxury Collective

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