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 6.8% 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!
For sale
Listed by: Coldwell Banker Platinum Prop • Carlos Arellano • Contact: 714-458-3721
$1,399,000
426 N Virgil Ave, Los Angeles, CA 90004
--beds
--baths
3,427sqft
:
Get pre-qualified$9,287/mo
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$408/sqft
$-- HOA
What's special
- 31 days |
- 32 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Carlos Arellano DRE #02231032 714-458-3721,
Coldwell Banker Platinum Prop
Source: CRMLS,MLS#: OC26138170
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup, Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,427
- Total interior livable area: 3,427 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned, Garage, Gated, Shared Driveway, Uncovered
- Garage spaces: 1
- Uncovered spaces: 6
Features
- Levels: Multi/Split
- Entry location: Ground Floor
- Pool features: None
- Spa features: None
Lot
- Size: 7,015 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 5539035025
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $408/sqft
- Tax assessed value: $253,800
- Annual tax amount: $4,034
- Date on market: 6/25/2026
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 113592
- Tenant pays: Electricity, Gas, Trash Collection
Estimated market value
Not available
Estimated sales range
Not available
$4,631/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $1,399,000+808.4%$408/sqft |
Source:  CRMLS #OC26138170 Report a problem | ||
| 8/21/2000 | Sold | $154,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,110 +1.9% | $253,800 +2% |
| 2024 | $4,034 +1.5% | $248,825 +2% |
| 2023 | $3,974 +3.8% | $243,947 +2% |
| 2022 | $3,828 +1.5% | $239,165 +2% |
| 2021 | $3,770 -0.6% | $234,477 +1% |
| 2020 | $3,795 | $232,073 +2% |
| 2019 | $3,795 +7.1% | $227,524 +2% |
| 2018 | $3,543 | $223,064 +2% |
| 2017 | $3,543 +3.2% | $218,691 +2% |
| 2016 | $3,435 +3.2% | $214,404 +1.5% |
| 2015 | $3,330 -0.2% | $211,185 +2% |
| 2014 | $3,335 | $207,049 +2.5% |
| 2012 | -- | $202,074 +2.8% |
| 2010 | -- | $196,633 -0.2% |
| 2009 | -- | $197,102 +13.8% |
| 2007 | -- | $173,196 +6.1% |
| 2004 | -- | $163,210 +1.9% |
| 2003 | -- | $160,220 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- 6/10Dayton Heights Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 2.2 mi
- $---- bd1 ba-- sqft432 N Virgil Ave APT 9, Los Angeles, CA 90004Off Market
- $659,1002 bd2 ba1k sqft436 S Virgil Ave APT 212, Los Angeles, CA 90020Off Market
- $682,4002 bd2 ba1k sqft436 S Virgil Ave APT 305, Los Angeles, CA 90020Off Market
- $670,7002 bd2 ba1k sqft436 S Virgil Ave APT 413, Los Angeles, CA 90020Off Market
- $820,0003 bd2 ba1.3k sqft436 S Virgil Ave APT 309, Los Angeles, CA 90020Sold
- $799,8003 bd2 ba1.3k sqft436 S Virgil Ave APT 506, Los Angeles, CA 90020Off Market
- $799,1003 bd2 ba1.4k sqft436 S Virgil Ave APT 507, Los Angeles, CA 90020Off Market
- $750,5003 bd2 ba1.3k sqft436 S Virgil Ave APT 209, Los Angeles, CA 90020Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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