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About This Home

This 8-bedroom, 7-bathroom multi-family at 426 N Virgil Avenue in Los Angeles, CA is listed for $1,399,000 ($408 per sqft). Built in 1924, the home offers 3,427 sqft of living space on a 0.16 acres lot.

Agent Description

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!

Key Features

  • Built in 1924
  • 0.16 acre lot
  • 2 stories
  • 7 parking spaces

Property Details

2 stories
6 full, 1 half
7 spaces
1924

Monthly Cost Estimate

$7,482/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,062
Insurance$408

Estimates only. Actual payments may vary.

Location

426 N Virgil Avenue

Los Angeles, CA 90004

Features & Amenities

Exterior Features

Community Features Included: CurbsSidewalksLot 6500-9999Rectangular Lot

Property Details

Parking

AssignedDrivewayGarageGated

Heating

Natural GasWall Furnace

Cooling

None (Cooling)

Questions & Answers

This 8-bedroom, 7-bathroom multi-family at 426 N Virgil Avenue is listed at $1,399,000 ($408/sqft). The estimated monthly payment is $6,062 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.16 acre lot, 2 stories, 7 parking spaces. Exterior Features: Community Features Included: Curbs, Sidewalks, Lot 6500-9999.

This property is listed by Carlos Arellano and can be reached at 7144583721 or carlos@agentarellano.com.

CA

Carlos Arellano

Agent at Coldwell Banker Platinum Prop

(714) 458-3721

Listed by Coldwell Banker Platinum Prop · View on Broker Site

MLS# OC26138170· Source: listhub· Updated 1 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

426 N Virgil Avenue, Los Angeles, CA 90004

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