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316 N Virgil Avenue, Los Angeles, CA 90004
$1,195,000
316 N Virgil Avenue, Los Angeles, CA 90004View this property at 316 N Virgil Avenue, Los Angeles, CA 90004
316 N Virgil AvenueLos AngelesCA90004
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Property Description
Property is being sold as is with tenants for land value only. The property has LAMR1 Zoning which may allow for Light Manufacturing uses. Please check with city as agent or owner do not make any representations. The property and its neighboring property are sandwiched between a 7/11 and the fire department station. This property has a great opportunity to be developed into many light manufacturing uses. The LAMR1 Zone is rear in that part of LA as it sits smack in the middle of everything. Think may be a commercial kitchen, a laboratory, or other potential uses.
Full Property Details
Full Property Details for 316 N Virgil Ave
General
- Price: $1,195,000
- Status: Active
- Type: Industrial
- MLS ID: GD23197943
- Updated: 4/15/2024
- Days on Market: 216 days
- Added to Site: 223 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: on Silver Lake Blvd, to Virgil Ave, right
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1278
- Square Feet: 1,278
- Year Built: 1913
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.1646
- Useable Acres: .1646
- Lot Size (Sq. Ft.): 7,168
- Lot Size Source: Assessor
- Lot Features: Lot 6500-9999
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $935
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Investment: Yes
- Property ID: 5501003018
Listed by Keller Williams R. E. Services, CarlosBorraez
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Schools
Schools serving 316 N Virgil Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3600 Council St, Los Angeles, CA 90004 | K-5 | 0.2 mi | |
4201 Fountain Ave, Los Angeles, CA 90029 | 6-8 | 1.4 mi | |
3939 Tracy St, Los Angeles, CA 90027 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 316 N Virgil Ave
Date
Details
Price
Change
Source
10/23/2023
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 316 N Virgil Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,762
4%
$114,240
2%
2022
$1,696
2%
$112,001
2%
2021
$1,669
-1%
$109,806
1%
2020
$1,681
3%
$108,681
2%
2019
$1,628
5%
$106,551
2%
2018
$1,546
2%
$104,463
2%
2017
$1,519
3%
$102,416
2%
2016
$1,475
1%
$100,409
2%
2015
$1,457
-1%
$98,902
2%
2014
$1,478
—
$96,965
—
2013
$1,473
—
$96,527
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 316 N Virgil Ave
316 N Virgil Avenue, Los Angeles, CA 90004 (MLS# GD23197943) is a Industrial property. 316 N Virgil Avenue is currently listed for $1,195,000 and was received on October 23, 2023. Want to learn more about 316 N Virgil Avenue? Do you have questions about finding other Industrial real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.