$10,000 Closing Credit¹
#SR25030802, Kenneth Marker, Listing Office: Rodeo Realty
#SB25055220·
Listing office: Lyon Stahl Investment Real Estate, Inc.·
Listing agent: Cameron Samimi·
Listing office phone: 310-259-7556
$970,000 List price
1118 N Virgil Ave Los Angeles, CA 90029
$10,000
Closing credit¹
0.1 acres
Multi-Family
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
Home typeDuplex
StatusActive
Lot size0.138 Acres
Year built1908
MLS #SB25055220
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: 4/28/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$970,000
1118 N Virgil Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
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. The most common annual income of people living in Los Angeles, CA is less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
45%
<35k
38%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
13%
Single, with Kids
17%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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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.
Over 302 listings were sold over their listed price in March 2025 in Los Angeles, CA. In the same period over 322 listings were sold below the listed price and 116 listings were sold for the listed price. Between February and March 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 13.7%. While the average time on the market in March 2025 was 39 days, the median list price was $940,937.
From Rocket Homes Real Estate and based on county public records data.