657 North Virgil Avenue

16-Unit Multifamily/Retail Development | Virgil Village


657 N Virgil Avenue, a prime 16-unit mixed multifamily/retail development opportunity located in East Hollywood, Los Angeles, CA. This unique development opportunity is comprised of 0.16 Acres or approximately 7,091 square feet of land zoned C2-1. The site lies in the Vermont/Western Station Neighborhood Area Plan (Subarea B: Mixed Use Boulevards), which restricts base density to 1 unit per 800 square feet of land. 657 N Virgil Avenue falls within Transit Oriented Communities (TOC) Tier 3, allowing for a developer to build up to 16 units, along with reduced parking incentives, 3.75:1 floor area ratio, and up to 2 additional stories and/or 22 feet additional height.

Property Highlights

  • Price - $2,000,000
  • All Cash Buyer
  • Lot - 7,091 SF
  • Zoned - LAC2
  • Multiple Offers
  • Opportunity Zone
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