611 Virgil Avenue
Los Angeles, CA 90004
  |  6,505 SF
Offered at $4,900,000
Type: Commercial
Status: For Sale
Lot Size: 13836 sq.ft.

Property Description

On offer is a 6,505 square foot commercial building on a 13,836 square foot double-lot in the Vermont/Western TOD Specific Plan. Zoned C2, the Specific Plan modifies the Zoning to the equivalent of C1.5 and R3. The property currently houses a large laundromat with ample parking, and a catering kitchen. This quickly-evolving area in this great pocket of Silver Lake known as Virgil Village is bordered by the 101 to the south and west and Sunset Blvd. to the north and east. This pedestrian friendly area is less than one mile from the Metro Subway Station, one block to trendy Sqirl breakfast and bakery, two blocks to Bellevue Recreation Center and Park, half a mile to LA City College and all the nightlife and dining options that Silver Lake and Echo Park have to offer. With the Specific Plan, build 17 units by right, or invoke the TOC's Tier 3 for maximum density. Due to there being no housing currently on site, future developments have less restrictions and more future potential.

want to learn more?

We hope you are intrigued; we’d love to chat and tell you more about how we can make your real estate dreams a reality. Reach out to us 24/7 at team@smithandberg.com. Look forward to connecting!