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Residential Land Lot
For Sale
$850,000
Pending

441 North Commonwealth Avenue, Los Angeles, CA 90004

Buildable land in Virgil Village with options to purchase adjoining lots for additional total lot area.

Property Size5,506 SF
Days on Market541

Property Features for 441 North Commonwealth Avenue

General Information

Standard status Pending
Size 5,506 SF
Property subtype Land Lot
Zoning LAR2

Amenities

No
Listing Agency: Coldwell Banker Realty
Listed By: Atsuko Kimoto · License #01842262
Source: Compass
Added: Feb 14, 2025 Changed: Aug 8 Last Checked: Mar 25 at 8:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This offering consists of a residential land lot at 441 North Commonwealth Avenue. The property is being sold for land value, and buyers have the option to purchase additional adjoining parcels to increase the total lot area.

According to the remarks, two-lot combinations may be available by including adjoining parcels at 439 North Commonwealth Avenue, and three-lot combinations may be available by including 439 North Commonwealth Avenue and 447 North Commonwealth Avenue. The property is described as located in Virgil Village near the edge of Silver Lake.

For buyers looking to consolidate adjacent parcels, the remarks indicate the possibility to purchase multiple lots together to reach larger combined total area than the standalone lot.

Key Highlights

  • Buildable land in the Virgil Village neighborhood, on the edge of Silver Lake
  • Purchase options: 2 lots totaling approx. 13,012 SF
  • 2‑lot option includes adjoining parcel at 439 N. Commonwealth Ave (approx. 7,506 SF : $900,000)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Buffet Restaurant Pet Store & Service

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

2,960
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable land in Virgil Village with options to purchase adjoining lots for additional total lot area.
Where is this residential land & home lot located?
The property is located at 441 North Commonwealth Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Buildable land in the Virgil Village neighborhood, on the edge of Silver Lake; Purchase options: 2 lots totaling approx. 13,012 SF; 2‑lot option includes adjoining parcel at 439 N. Commonwealth Ave (approx. 7,506 SF : $900,000)
More about this property
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