Active

222 N Virgil Avenue

Los Angeles CA, 90004

$4,800,000


$708.49 per sqft

Active

6,775 sqft

Commercial

Built in 1938

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.

DW24216170

MLS ID

October 17, 2024

Listed

February 5, 2025

Updated

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.29 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

C21 - Silver Lake - Echo Park


Days on Market

110


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/5/2025

Price change

$4,800,000

-13%

Listed by Reyes Mejia, Realty Group Advisors, CA DRE 01868073

Listing Contact: 323-273-1457 

Based on information from the CRISNet MLS as of 2/5/2025, 2:16 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is 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.

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