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$979,999
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Property Description
Located just steps from the heart of Silver Lake, this duplex presents a rare opportunity for investors, developers, or savvy buyers looking to add value in one of Los Angeles' most desirable neighborhoods. Situated on a generous lot, the property offers strong income potential as-is, with excellent upside for future renovation, expansion, or redevelopment.
Each unit features its own private entrance and functional layout, providing flexible living arrangements and the opportunity to modernize for increased rental income. With a mix of original character and minor updates throughout, this property is a true blank canvas ready for a new vision.
Located in a high-demand rental area near Silver Lake, tenants are drawn to the neighborhood's walkability, vibrant culture, and creative energy. Enjoy proximity to trendy coffee shops, local boutiques, art galleries, and some of Los Angeles' most popular dining destinations.
Don't miss this opportunity!
Full Property Details
Full Property Details for 316 N Virgil Ave
General
- Price: $979,999
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: SR26049330
- Updated: 4/1/2026
- Days on Market: 71 days
- Added to Site: 72 day(s) ago
Interior
- Rooms/Areas: Kitchen
- Fireplace(s): None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: None
Parking
- Parking: Driveway
Location
- County: Los Angeles
- Driving Directions: CROSS ST: OAKWOOD AVE
School Information
- School District: Los Angeles Unified
Community
- Community Features: Street Lights
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: FRONT
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,278
- Sq. Ft. Source: Assessor
- Year Built: 1913
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1646
- Lot Size (Sq. Ft.): 7,168
- Lot Size Source: Assessor
- Lot Description: No Landscaping
Financial Considerations
- Price Per Sq. Ft.: $766.82
Disclosures and Reports
- Special Conditions: Standard
Listed by Luxury Collective, Carlos Garcia
Get Pre-Approved Today
Schools
Schools serving 316 N Virgil Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Dr. Sammy Lee Medical And Health Science Magnet Elementary 3600 Council Street, Los Angeles, CA 90004 | K-5 | 0.2 mi |
Thomas Starr King Middle School 4201 Fountain Avenue, Los Angeles, CA 90029 | 6-8 | 1.3 mi |
John Marshall Senior High School 3939 Tracy Street, Los Angeles, CA 90027 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
4/01/2026
Price Reduced
$979,999
-2%
MLS
3/09/2026
Listed
$999,999
—
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
2024
$1,786
1%
$118,853
4%
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# SR26049330) is a Duplex property with 6 bedrooms and 4 full bathrooms. 316 N Virgil Avenue is currently listed for $979,999 and was received on March 09, 2026. Want to learn more about 316 N Virgil Avenue? Do you have questions about finding other Duplex real estate for sale in Elysian Park? You can browse all Elysian Park real estate or contact a Coldwell Banker agent to request more information.

