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Land in Virgil Village, Los Angeles
For Sale
$900,000

439 N Commonwealth Ave, Los Angeles, CA 90004

LAND - Los Angeles, CA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market164

Property Features for 439 N Commonwealth Ave

General Information

Property type Land
Property subtype Other
Zoning LAR2
Directions Between Virgil Ave and Commonwealth Ave, South of Middlebury St
Subdivision Silver Lake - Echo Park
Standard status Active
APN 5539-035-022
Lot size 0.17 Acres
Listing Agency: Sotheby's International Realty
Listed By: Atsuko Kimoto · License #01842262
Added: Mar 31 Changed: Apr 27 Last Checked: Sep 10 at 5:06AM
MLS# 26671599

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is located in the rapidly growing Virgil Village neighborhood, on the edge of Silver Lake. The property is being sold for land value. The lot encompasses approximately 7,506 square feet, which is equivalent to 0.1723 acres. There is an option to purchase a total of two lots together, totaling approximately 13,012 square feet, by including the adjoining parcel at 441 N. Commonwealth Ave. An additional option includes a total of three lots together, totaling approximately 20,518 square feet, by including the adjoining parcels at 441 N. Commonwealth Ave & 447 N. Commonwealth Ave. The zoning is LAR2.

Key Highlights

  • Prime location in the rapidly growing Virgil Village neighborhood, bordering Silver Lake.
  • Opportunity to purchase a single lot (approx. 7,506 sq. ft.) or combine with adjoining parcels.
  • Option to purchase two lots totaling approximately 13,012 sq. ft.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Catering Service Carpet & Flooring Store Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,978
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Land for sale in rapidly growing Virgil Village neighborhood.
Where is this commercial land located?
The property is located at 439 N Commonwealth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime location in the rapidly growing Virgil Village neighborhood, bordering Silver Lake.; Opportunity to purchase a single lot (approx. 7,506 sq. ft.) or combine with adjoining parcels.; Option to purchase two lots totaling approximately 13,012 sq. ft.
More about this property
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