Silver Lake 5-Unit Multi-Family Investment Property - 8 Beds | 6% CAP | $114K Cash Flow (Pro Forma $175K) | Recently Reduced to $1.599M
426 N Virgil Ave, Los Angeles, CA 90004
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$1,599,000
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8 bd, 7 ba
MLS OC25233036 | Brokered by Coldwell Banker Platinum Properties
MLS OC25233036
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$1,599,000
8 bd, 7 ba
For your investor & developer clients! Discover 426 N Virgil Ave, a 5-unit multifamily investment property located just minutes from Silver Lake, Echo Park, Sunset, Hollywood, and Downtown. Generating strong, consistent cash flow with long-term income stability, this property still holds untapped potential for significant rental upside.
Its desirable LAR3 zoning also unlocks 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 easy management and optimal utility efficiency. Includes 6-car driveway parking, plus a garage for parking or storage.
Rare opportunity to own a high-yielding, income-producing asset in a thriving rental market!
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