222 Virgil Ave Los Angeles, CA 90004-3622
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.
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Sea Inc High School
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Soledad Enrichment Action Charitable Organization Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.