157 S Virgil Ave 2BR Mid Wilshire La


Property

Website:https://www.nestseekers.com/5326641
Address:
157 S Virgil Ave
LOS ANGELES, CA 90004
Ownership: For Sale
Bedrooms: 2 BR
Bathrooms: 1
Area: 5798 sq ft
Lot Size: 0.1 Acres

Financials

Price:$899,000

Description

R3-zoned development opportunity in Koreatown just south of Silver Lake. The approximately 5,798-square-foot lot offers excellent potential for a double duplex with ADUs, a 3-4 home small lot subdivision, or a multifamily apartment project utilizing one of the state's density bonus programs (Buyer to verify all zoning, development potential, and regulations). The property benefits from close proximity to Silver Lake, Koreatown, Hollywood, and Downtown Los Angeles, placing future residents within minutes of major employment centers, nightlife, dining, and entertainment. With convenient access to the Hollywood Freeway (US-101), this central location presents a compelling opportunity for developers seeking to build new housing in a high-demand rental and residential market.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Douglas Elliman

157 S Virgil Ave LOS ANGELES CA 90004 USA