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Property profile & analytics
OFF-MARKET Estimated value $515,000
Auto shops

222 Virgil Ave Los Angeles, CA 90004-3622

5,943 SF 0.16 ac lot Built 1938
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8187714
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1938
Construction TILT-UP CONCRETE
Total area 5,943 SF
Lot 0.16 ac (7,150 SF)
Zoning code LAC2
APN 5501-006-002
UPID US09-8187714
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sea Inc High School
  • Soledad Enrichment Action Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
$649k
Blend (final) Blend
$515k
Owner & transaction history
Soledad Enrichment Action INC · 9 yrs held
Soledad Enrichment Action INC
since 2017
7 recorded transactions
2026
Price N/A
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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