$5,500,000
( $811.81Per Sq Foot )
 $29,525 forsale estimated payment Sourced by Back At You

222 N Virgil Avenue , Los Angeles, CA 90004

Los Angeles, CA 90004

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Description

Realty Group Advisors is pleased to introduce our latest listing! This substantial 12,654-square-foot lot in the thriving Silver Lake neighborhood presents a rare opportunity to acquire two mixed-use buildings, both zoned LAC2. These buildings offer exceptional versatility for a range of commercial and development possibilities. Building one is the larger of the two structures; this 5,943-square-foot building is well-equipped for a sizable operation. With its generous open space and private offices, it includes four restrooms, ensuring convenience and flexibility for businesses. The building’s layout accommodates various tenants or a single company with significant space requirements. A well-maintained exterior and interior to the property appeal, making it a prime choice for those seeking a prominent presence in the area. Complementing the larger structure of Building 2, this 832-square-foot building offers a more intimate setting, ideally suited for a small business, boutique office, or specialty retail space. Despite its compact size, it includes a private restroom and efficient use of space, providing a cozy yet professional environment. This building could serve as an independent office, a workspace, or a potential residential property for supplemental income. Both buildings are currently utilized as office spaces and will be delivered vacant, allowing for immediate occupancy. The spacious lot size provides parking and potential for future development or expansion, subject to zoning regulations. The property’s prime location in Silver Lake, a neighborhood known for its eclectic mix of businesses, restaurants, and residential areas, further enhances its attractiveness, offering excellent visibility and access to a vibrant local market.

Details

MlsDW24216170
Listing TypeFor Sale
StyleOffice Bldg
SubtypeResale
StatusActive
Year1938
Days On Site55
Listing Provided ByRealty Group Advisors 323-273-1457 | Reyes Mejia

Features

Sq Feet6,775
Storys1
Acreage0.29

Market Activity 90004

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 2 minutes ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90004)
Price:
$5,500,000
low | high
Med:
$2,349,000
100% of Average
SqFt:
6,775
low | high
Med:
3,908
92.317343173432% of Average
$ / SqFt:
$812
low | high
Med:
$601
75.95852330883% of Average
On Site:
55
low | high
Med:
15.000000
100% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 3:07:04 PM PST