222 Virgil Ave Los Angeles, CA 90004
- Auto shops
- 5,943 SF
- 0.16 lot acres
Current Use by Public Records
- Sea Inc / School
- Soledad Enrichment Action / Non-Profit Organization / School District Office
Property Details for 222 Virgil Ave
- Year built
- 1938
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 5,943 SF
- Zone code
- LAC2
- Property type
- Auto shops
- APN
- 5501-006-002
- APU
- 5501006002
Description
This exceptional Los Angeles investment opportunity presents two mixed-use buildings totaling 6,775 square feet on a 12,654 square foot lot. Located in the vibrant Silver Lake neighborhood at 222 N Virgil Ave and 3564 Smilax St, this fee-simple property offers significant potential. The larger building, spanning 5,943 square feet, features four restrooms and is ideal for a substantial operation, while the second building, at 832 square feet, provides a more intimate space suitable for a smaller business or boutique office. Both buildings are currently used as office spaces and will be delivered vacant. Built in 1938, these Class B properties are zoned LAC2, allowing for versatile commercial and development possibilities. The ample lot size provides parking and potential for future expansion. The property's prime location offers excellent visibility and access to a thriving local market. Asking price is $5,500,000 and is suitable for a 1031 exchange. APN: 5501-006-002, 5501-006-005. Zip code: 90004.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $380,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.286
- Latitude
- 34.0756
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
