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    222 Virgil Ave Los Angeles, CA 90004-3622

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    222 Virgil Ave Los Angeles, CA 90004-3622


    • Auto shops
    • 5,943 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US09-8187714
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sea Inc / High School
    • Soledad Enrichment Action / Charitable Organization / Social Service Agency

    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

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $380,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $648,000
      Market price range: $449k - $1.79M

    Get a detailed, property-specific estimation — 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,566
    $287,404
    $766,442
    $1,053,846
    -
    $0.00
    $0.00
    $0.00
    More about this property
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