#IG25084204, Linda Hao, Listing Office: Keller Williams Realty

1118 N Virgil Ave Los Angeles, CA 90029
Property details
About 1118 N Virgil Ave
Take advantage of seller carry opportunity - 25% down at 5% IO for 2-3 years! 1118 N Virgil Ave is a duplex located in Virgil Village with the opportunity to build two 2Bed+1Bath ADUs in the rear of the property! Once ADUs are built and all units are rented for market, the property will operate at a 13.63% cap rate and 6.32 GRM. This property is ideal for any owner/user or investor looking for a value-add building. 1118 N Virgil is comprised of (2) 2Bed+1Bath units - one of the units is currently vacant. The lot size is 6,010 sqft and zoned LAR2. The subject property is located in Virgil Village, a lively submarket of Los Angeles which features many bars, restaurants and coffee shops including Erewhon, Courage Bagels, Sqirl, KinKan, Voodoo Vin and Melody. The prime location is directly in between Los Feliz and Silverlake.
Highlights
Summary
- Private Pool: No
- List Price: $970,000
- Annual Tax Amount: $10,538
- Tax Year: 2024
- Directions: Major Cross Streets are Santa Monica Blvd and W Sunset Blvd
- Year Built: 1908
- Stories: 1
- Lot Size: 0.138 Acres
- MLS Number: SB25055220
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 1:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$970,000
1118 N Virgil Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 29, 1999 | Home Sold | $175,000 |
Aug 31, 1999 | Home Sold | $115,000 |
Dec 01, 1997 | Home Sold | $54,500 |
Jun 30, 1997 | Home Sold | $189,000 |
Dec 31, 1996 | Home Sold | $95,000 |
Nov 29, 1988 | Home Sold | $130,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $847,207 | $10,538 |
2023 | $830,596 | $10,336 |
2022 | $814,310 | $9,859 |
2021 | $798,344 | $9,740 |
2020 | $790,159 | $9,452 |
2019 | $774,667 | $9,312 |
2018 | $759,479 | $9,107 |
2017 | $744,588 | $9,107 |
History based on county public records data.
Nearby schools
4
Lockwood Avenue Elementary
Public District KG-6
0.2 mi
•4345 Lockwood Ave
7
Micheltorena Elementary
Public District KG-5
0.6 mi
•1511 Micheltorena St
7
Dayton Heights Elementary School
Public District KG-5
0.7 mi
•607 N Westmoreland Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,530. Typical income of Los Angeles, CA residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 1118 N Virgil Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $970,000.
In April 2025, from all listings sold in Los Angeles, CA there were more than 395 sold above asking price, over 328 sold below and more than 148 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 10.2% between March and April 2025. Listings spent 36 days on the market in April 2025, and had a median list price of $896,516 during the same period.