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    774 Virgil Ave Los Angeles, CA 90029

    Sponsored
    For Lease
    $48 SF/Yr ($18,232 /Mo)

    Prime Los Angeles Retail Opportunity

    Lot size:
    4,558 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Two exceptional retail spaces are available for lease at 774 and 776 N Virgil Ave in Los Angeles, CA 90029. This vibrant location boasts high foot traffic and is situated in a thriving dining destination, directly across from popular establishments like Courage Bagels and KinKan. The property features a total of 4,558 square feet, with individual units ranging from 1,170 to 1,446 square feet. Each unit offers a modified gross lease rate

    Property Features for 774 Virgil Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,558 SF
    Total Rate
    18232

    Unit(s) available at that property

    Space
    Unit 776
    Size
    1,170 SF
    Rate per SF
    $51
    Space
    Unit 774
    Size
    1,446 SF
    Rate per SF
    $48

    HighLights

    • High‑visibility location directly across from Courage Bagels.
    • Excellent walkability to popular restaurants Sqirl, KinKan, and Melody Wine Bar.
    • Secure gated parking.
    • Situated in a desirable, up‑and‑coming neighborhood.
    • Abundant natural light with large glass windows.
    • Features two separate entrances for added convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Latino Dollar Store Department Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2866151
    Latitude
    34.0854402

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    FAQs

    What type of property is this?
    Restaurant - Prime Los Angeles Retail Opportunity
    Where is this restaurant located?
    The property is located at 774 Virgil Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $48-$51 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location directly across from Courage Bagels.; Excellent walkability to popular restaurants Sqirl, KinKan, and Melody Wine Bar.; Secure gated parking.
    Request Owner's contact information
    774 Virgil Ave Los Angeles, CA 90029
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    Los Angeles, CA 90029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    774 Virgil Ave Los Angeles, CA 90029
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