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Sold for $1,250,000 · Apr 2018

SOLD

Listed at $1,295,000

Sold

1125 N VIRGIL Avenue, Los Angeles, CA 90029

Los Angeles, CA

MLS# 17245598

Property
223 days on market

Listing Agent

Shawn S. Kormondy

Listing Agent

Keller Williams Beverly Hills

DRE #: 01451888

Brokerage: Keller Williams Beverly Hills

Property Details

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Bedrooms

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Bathrooms

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Square Feet

N/A

Year Built

6,696 sqft

Lot Size

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Price/Sq Ft

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Garage Spaces

N/A

HOA

Property

Property Type

Description

Development opportunity in prime "Virgil Village" location adj. to Silverlake. Build into stabilized 6.5% cap rate upon lease up. Project is LADBS plan check approved. Buyer to pull permits and build. Build two duplexs behind existing REMODELED SFR as follows: Duplex A- (2) 1,235 SF three-story 3bd/2.5ba townhouses w/ dramatic landmark & city light views. Duplex B- (2) 1,060 SF 2bd/1.5ba, & 800 SF existing freestanding 2bd/1.5ba single family home. Each apartment home has W/D, and two parking spaces accessed through the rear alley. Existing home delivered vacant. Situated in central location, two blocks from Metro & a few blocks from Silverlake's uber popular Sunset Junction. Walking distance to LA City College, restaurants, shops, markets with 90 walk score. Marketing package available upon request.

Listing description from the April 2018 sale, as reported to CRMLS.

Facts & Features

Details

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CityLights, Landmark

Sale history for 1125 N VIRGIL Avenue

2 recorded sales

$1,250,000
Sold April 2018 · listed $1,295,000, orig. $1,300,000, on market June 2017, 223 days on market · MLS #17245598 · Source: CRMLS
Listing Agent: Shawn S. Kormondy · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Shawn S. Kormondy · Keller Williams Beverly Hills
$515,000
Sold July 2015 · listed $449,000, on market April 2015, 93 days on market · MLS #P0-315003986 · Source: CRMLS
Listing Agent: Stephen Aranda · Listing Office: Keller Williams · Contact: (626) 386-7888 · Bought with: Stephen Aranda · Keller Williams

How this sale compares

1125 N VIRGIL Avenue sold for $1,250,000 in April 2018, 3.5% under its $1,295,000 list price, after 223 days on the market. It was first listed at $1,300,000. Across 45 closed sales in 90029 over the last 12 months, the median sold price is $1,161,120 and the median is $679 per square foot.

$679
90029 median per sq ft (12 mo)
$1,161,120
90029 median sold price (12 mo)
45
Closed sales in 90029 (12 mo)
223
Days on market
−3.5%
Sold vs. list price
QuarterClosed sales in 90029Median sold price
Q1 20262$1,250,000
Q2 202622$1,205,000
Q3 202618$1,178,060
Q4 20263$850,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90029

Recent sales near 1125 N VIRGIL Avenue

Closed sales reported in 90029, nearest first, last 12 months. All recent sales in Los Angeles →

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