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$899,900
Listing Price3beds
1baths
1,335sqft
5,798sqft lot
157 S Virgil Ave, Los Angeles, CA 90004
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
R3-zoned development opportunity in Koreatown just south of Silver Lake. The approximately 5,798-square-foot lot offers excellent potential for a double duplex with ADUs, a 3-4 home small lot subdivision, or a multifamily apartment project utilizing one of the state's density bonus programs (Buyer to verify all zoning, development potential, and regulations). The property benefits from close proximity to Silver Lake, Koreatown, Hollywood, and Downtown Los Angeles, placing future residents within minutes of major employment centers, nightlife, dining, and entertainment. With convenient access to the Hollywood Freeway (US-101), this central location presents a compelling opportunity for developers seeking to build new housing in a high-demand rental and residential market.
Interior Details
1335
3
1
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5798
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$8,591
$561,000
$153,000
--%
$714,000
2019
$8,591
$550,000
$150,000
--%
$700,000
2018
$923
$42,849
$18,072
--%
$60,921
2017
$908
$42,009
$17,718
--%
$59,727
2016
$873
$41,186
$17,371
--%
$58,557
2014
$876
$39,774
$16,776
--%
$56,550
2013
$869
$39,595
$16,701
--%
$56,296
2012
$862
$38,819
$16,374
--%
$55,193
Average Home Price in 90004
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Calculators
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Details for 157 S VIRGIL AVE
Property Debt
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Guides for Virgil Ave
In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles
