Silver Lake/Hollywood Investment Opportunity

513 N Virgil Ave, Los Angeles, CA 90004

$1,348,000 After Repair Value -
$1,240,000 Asking Price -
$0 Cost of Repairs =
$108,000 Potential Profit

Property Details

Asking Price $1,240,000

After Repair Value $1,348,000

Costs of Repairs $0

Potential Profit $108,000

Living Area 3588 ft2

Property Type 4-Plex

Bedrooms 7

Bathrooms 4

Half Bathrooms N/A

Parking 4

Listed with Agent No

Property Description

Great 4plex investment opportunity in the heart of Silver Lake. Front house is original construction, 3 beds, 1 bath, 3 back units recently built in 2004. Downstairs back unit is 2 beds, 1.5 baths. The other 2 back units are 1 bed, 1 bath each. 6 covered parking spaces.
2 bedroom, 1.5 bath unit will be delivered vacant, potential rent $2,400.
Front house, 3 bed, 1 bath, rented for $1,860.
Back unit 1 bed, 1 bath, rented for $1,700.
Back unit 1 bed, 1 bath, rented for $1,300.
total square footage, 3,588 sq. ft., total lot square footage, 7,000 sq. ft. Zoning LAR3

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