426 N Virgil Avenue, Los Angeles, CA 90004

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Beds

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Baths

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Sq ft

About this home

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 7.1% 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!

Type

Apartment

Year built

1924

Lot

7,015 sq ft

Garage

1 car

HOA

None

Pool

View

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Solar

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Estimated payment

$8,508/mo

Principal & interest$6,821
Property tax (est.)$1,293
Home insurance (est.)$393

Down payment: 20% ($269,800)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Carlos Arellano, Coldwell Banker Platinum Prop, 714-458-3721. MLS# OC26138170. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:29 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.