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157 S Virgil Ave, Los Angeles, CA, 90004

2beds
1baths
1,335sqft
$899,000
$673price/sqft
$6,060/moest. monthly cost
$242,400/yrincome needed

About This Home

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.

Getting Around

90
WalkingWalker's Paradise
72
TransitExcellent Transit
62
BikeBikeable

Schools

7/10
Virgil Middle SchoolGrades 6-80.2 mi
3/10

Construction

Condition

  • Year built: 1909

Type & Style

  • Home type: SingleFamily
  • Architectural style: Tudor
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,335
  • Total interior livable area: 1,335 sqft

Property

Details

  • Parcel number: 5501016016
  • Zoning: LAR3
  • Special condition: Standard

Features

  • Levels: One
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,797 sqft
  • Lot size dimensions: 50 x 115

Parking

  • Parking features: Detached
  • Has garage: Yes