157 S Virgil Ave 2BR Mid Wilshire La
| Website: | https://www.nestseekers.com/5326641 |
|---|---|
| Address: | 157 S Virgil Ave LOS ANGELES, CA 90004 |
| Ownership: | For Sale |
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| 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.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Douglas Elliman | |
