Located on a commercial corridor, this prime Virgil Village property represents an amazing opportunity for investors, developers, and homeowners alike. With updated plumbing and electric, the current single family residence is completely gated, and will make a comfortable home for a new owner. Likewise, this property could represent the beginning of your rental portfolio, as parking requirements can be far more lenient when adding ADUs, Jr ADUs, and/or Garage Conversion ADUs based on the location. If you are a developer, the special zoning on this property allows for light manufacturing, and might be used in conjunction with the adjacent property which is also for sale. The walkscore for this home is 89, and access to public transportation is exceptional. Convenient to Silverlake, Koreatown, transportation, DTLA and only blocks away from all the exciting new eateries and watering holes that Virgil Village has to offer, this property offers something for everyone.
Sold for $910,000
Listed by: Altadena Real Estate Company • Steve Aranda • Contact: 323-868-6242
Bought with: TRT CAPITAL
$910,000
312 N Virgil Ave, Los Angeles, CA 90004
4beds
1,286sqft
Single Family Residence
Built in 1920
7,214 Square Feet Lot
$1,055,500 Zestimate®
$708/sqft
$3,935 Estimated rent
Home value
$1,055,500
$971,000 - $1.15M
$3,935/mo
Zestimate® history
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$5,879/mo
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List your homeWhat's special
Watering holesUpdated plumbing
Zillow last checked:
Listing updated:
Listed by:
Steve Aranda DRE #01435884 323-868-6242,
Altadena Real Estate Company
Bought with:
Alam Khandakar, DRE #01488037
TRT CAPITAL
Source: CRMLS,MLS#: PF23216789
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: Gas Dryer Hookup
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,286 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,214 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5501003017
- Zoning: LAMR1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $708/sqft
- Tax assessed value: $928,200
- Annual tax amount: $11,457
- Date on market: 11/28/2023
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $910,000+1.2%$708/sqft |
Source:  CRMLS #PF23216789 Report a problem | ||
| 2/19/2024 | Pending sale | $899,000$699/sqft |
Source: CRMLS #PF23216789 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,457 -4.4% | $928,200 -4.3% |
| 2024 | $11,991 +426.5% | $970,000 +533.6% |
| 2023 | $2,277 +4% | $153,082 +2% |
| 2022 | $2,190 +1.5% | $150,082 +2% |
| 2021 | $2,157 -0.8% | $147,141 +1% |
| 2020 | $2,174 | $145,633 +2% |
| 2019 | $2,174 +10.7% | $142,779 +2% |
| 2018 | $1,963 | $139,981 +2% |
| 2017 | $1,963 +1.9% | $137,238 +2% |
| 2016 | $1,926 +2.8% | $134,548 +1.5% |
| 2015 | $1,873 +0.3% | $132,528 +2% |
| 2014 | $1,867 | $129,933 +2.5% |
| 2012 | -- | $126,811 +2% |
| 2011 | -- | $124,326 +0.8% |
| 2010 | -- | $123,397 -0.2% |
| 2009 | -- | $123,691 +2% |
| 2008 | -- | $121,266 +2% |
| 2007 | -- | $118,889 +2% |
| 2006 | -- | $116,558 |
| 2005 | -- | $116,558 +4% |
| 2004 | -- | $112,034 +1.9% |
| 2003 | -- | $109,981 +2% |
| 2002 | -- | $107,826 +4% |
| 2000 | -- | $103,642 |
Find assessor info on the county website
Neighborhood: Rampart Village
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Nearby schools
GreatSchools rating
- 8/10Dr. Sammy Lee Medical And Health Science Magnet ElementaryGrades: K-5Distance: 0.2 mi
- 6/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$1,055,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,055,500
- California
- Los Angeles County
- Los Angeles
- 90004
- Rampart Village
- 312 N Virgil Ave
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