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564 Virgil Avenue, Silver Lake, CA 90004

4 Bed, 3 Bath Multi-Family Home For Sale

564 Virgil Avenue, Silver Lake, CA 90004 House For Sale - MLS #19498608
$1,850,000
4
3
Multi-Family
Other
This listing is courtesy of Tomoko Okumura from Re/Max Tri-City.

Property Description for 564 Virgil Avenue, Silver Lake, CA 90004

Old-fashioned rooming house with 23 rooms and 4 bathrooms. Currently 14 tenants reside on the property. Next door 560, 562 & 560 1/2 N. Virgil Ave. , is also for sale .Zoned R3, TOC (Transit Oriented Communities Affordable Housing Incentive Program) TIER 3, development opportunityis a prime developmentopportunity for investors looking to capture strong rents in a highly increasing demand area. The TOC also provides for reduced parking and setback requirements.

Interior Details

3,074 sq. ft.
$601.82/sq. ft.

Exterior Details

0.12 acres
5,250 sq. ft.
3

Other Details

19498608
1912

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 3      Rent: $7,202     

Unit #2
Bedrooms: 1     

Unit #3
Bedrooms: 1     

Unit #4
Bedrooms: 1     

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(20%)

Monthly Mortgage Payments

$8,403
$11,704

Town Description

Silver Lake is a hilly neighborhood in the city of Los Angeles, California east of Hollywood and northwest of Downtown Los Angeles. Silver Lake is inhabited by a wide variety of ethnic and...

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