18-Unit Bungalow Apartment
For Sale
$4,500,000
1316 Virgil Place, Los Angeles, CA 90027
Seven low-rise buildings provide a varied studio-to-three-bedroom unit mix under Los Angeles rent stabilization.
Property Size7,844 SF
Lot Size0.43 Acres
Price / SF$573.69
Days on Market11
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Property Features for 1316 Virgil Place
General Information
Standard status
Active
Size
7,844 SF
Lot size
0.43 Acres
Property subtype
Multi-family
Zoning
C4-1
Units
Unit Mix
2 x studio, 8 x 1BR, 4 x 2BR, 2 x 3BR/1BA, 2 x 3BR/2BA
Multifamily Units
18
Additional Details
Public Transit
Yes
Building Details
Year Built
1922
Buildings
7
Construction
bungalow-style
Listing Agency:
Keller Williams Beverly Hills
Listed By:
Jordan Petito · License #02023714
(310) 432-6400
Source:
Sevengables
Added: Oct 5
Changed: Oct 15
Last Checked: Oct 15 at 2:18AM
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 Keller Williams Beverly Hills
Investment Insights
Based on property information with market context.
This East Hollywood multifamily property comprises 18 apartments across seven bungalow-style buildings constructed between 1922 and 1924. The buildings contain a combined 7,844 square feet on two adjoining parcels totaling 18,552 square feet. The unit mix includes studios, one- and two-bedroom apartments, and three-bedroom units with one or two bathrooms. Seventeen units are occupied, and all 18 are covered by the Los Angeles Rent Stabilization Ordinance.
The site is zoned C4-1 and carries a General Commercial land use designation. It is near Sunset Boulevard and Vermont Avenue, with Children's Hospital Los Angeles and Hollywood Presbyterian Medical Center approximately 0.2 miles away. The Metro B Line Vermont/Sunset Station is about 0.3 miles from the property. No entitlements are in place or implied.
The site is zoned C4-1 and carries a General Commercial land use designation. It is near Sunset Boulevard and Vermont Avenue, with Children's Hospital Los Angeles and Hollywood Presbyterian Medical Center approximately 0.2 miles away. The Metro B Line Vermont/Sunset Station is about 0.3 miles from the property. No entitlements are in place or implied.
Key Highlights
- 18 apartments across seven buildings on two contiguous parcels
- 7,844 square feet of building area on an 18,552‑square‑foot lot (0.43 acres)
- Unit mix: 2 studios, 8 one‑bedroom, 4 two‑bedroom, and four three‑bedroom apartments
Property Analytics
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Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
6,342
Businesses Nearby
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Business Placement
Demographics for 90027, CA
44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Seven low-rise buildings provide a varied studio-to-three-bedroom unit mix under Los Angeles rent stabilization.
Where is this apartment building located?
The property is located at 1316 Virgil Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 18 apartments across seven buildings on two contiguous parcels; 7,844 square feet of building area on an 18,552‑square‑foot lot (0.43 acres); Unit mix: 2 studios, 8 one‑bedroom, 4 two‑bedroom, and four three‑bedroom apartments
