$895,000
SOLD JUN 5, 2025
4 Beds
2 Baths
1,425 Sq Ft
5,954 Sq Ft Lot

Recently Sold

$628 Per Sq Ft

8% Below List Price

70 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Laundry Room
  • John Marshall Senior High Rated A
  • Views
  • 1-Story Property

About This Home

As of June 2025

Take advantage of seller carry opportunity - 25% down at 5% IO for 2-3 years! 1118 N Virgil Ave is a duplex located in Virgil Village with the opportunity to build two 2Bed+1Bath ADUs in the rear of the property! Once ADUs are built and all units are rented for market, the property will operate at a 13.63% cap rate and 6.32 GRM. This property is ideal for any owner/user or investor looking for a value-add building. 1118 N Virgil is comprised of (2) 2Bed+1Bath units - one of the units is currently vacant. The lot size is 6,010 sqft and zoned LAR2. The subject property is located in Virgil Village, a lively submarket of Los Angeles which features many bars, restaurants and coffee shops including Erewhon, Courage Bagels, Sqirl, KinKan, Voodoo Vin and Melody. The prime location is directly in between Los Feliz and Silverlake.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 03/13/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Isaiah Vasquez

Cal-Prime Realty License #02212539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,539

Year Built

  • Built in 1908

Lot Details

  • 5,954 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 4 / C
  • Tax Tract Number 1234
  • Assessor Parcel Number 5542025004
  • $375 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,539

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5542025004
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1425.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 628.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5954.00
  • Lot Size Acres: 0.1367

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5954.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: C
  • Tax Census Tract: 1913.01
  • Tax Lot: 4
  • Tax Tract Number: 1234
  • TaxOtherAnnualAssessmentAmount: 375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Jun 2, 2025
Sold by
Lee Ki Sun and Lee Mary Yong
Bought by
Summit Ray Investments Llc
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Isaiah Vasquez
Cal-Prime Realty
List Price
$970,000
Sold Price
$895,000
Premium/Discount to List
-$75,000
-7.73%
Views
30
Current Estimated Value
$918,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,281
Avg. Annual Appreciation
11.09%
Original Mortgage
$607,000
Outstanding Balance
$605,964
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$314,809

Purchase Details

Closed on
Mar 1, 2007
Sold by
Perez Blanca
Bought by
Lee Ki Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2006
Sold by
Menjivar Hermelinda
Bought by
Perez Blanca

Purchase Details

Closed on
Mar 11, 2005
Sold by
Menjivar Hermelinda and Menjivar Sonia
Bought by
Menjivar Hermelinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1999
Sold by
Otero Carlos and Belmonte Miguel
Bought by
Menjivar Hermelinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 1999
Sold by
Otero Nidia
Bought by
Otero Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1999
Sold by
U S Bank National Assn
Bought by
Belmonte Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1998
Sold by
Farooqui Furqan Z
Bought by
Home Equity Loan Trust 1997-3

Purchase Details

Closed on
Nov 26, 1997
Sold by
Farooqui Furqan Z
Bought by
Amlani Noorudin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.33%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Oehme Saeed Shahzad
Bought by
Farooqui Furqan Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
7.91%

Purchase Details

Closed on
Dec 19, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Oehme Saeed Shahzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.59%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Shahzad Samina R
Bought by
Oehme Saeed Shahzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.59%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Hakopyan Jack and Hakopyan Anahit
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $895,000 Chicago Title Company
Grant Deed $645,000 Orange Coast Title Company
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $175,000 South Coast Title
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $115,000 Investors Title Company
Trustee Deed -- Stewart Title
Individual Deed -- --
Individual Deed $189,000 North American Title Co
Grant Deed $95,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Trustee Deed $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $607,000 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $535,500 Fannie Mae Freddie Mac
Previous Owner $300,000 New Conventional
Previous Owner $210,734 Unknown
Previous Owner $173,569 FHA
Previous Owner $92,000 No Value Available
Previous Owner $54,000 No Value Available
Previous Owner $141,750 No Value Available
Previous Owner $71,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $895,000 -7.7% $628 / Sq Ft
04/23/2025 04/23/25 Price Changed $970,000 0.0% $681 / Sq Ft
04/23/2025 04/23/25 For Sale $970,000 +8.4% $681 / Sq Ft
04/07/2025 04/07/25 Off Market $895,000 -- --
03/13/2025 03/13/25 For Sale $1,045,000 -- $733 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,539 $864,151 $669,888 $194,263
2024 $10,539 $847,207 $656,753 $190,454
2023 $10,337 $830,596 $643,876 $186,720
2022 $9,860 $814,310 $631,251 $183,059
2021 $9,740 $798,344 $618,874 $179,470
2019 $9,452 $774,667 $600,519 $174,148
2018 $9,312 $759,479 $588,745 $170,734
2016 $8,904 $729,989 $565,884 $164,105
2015 $8,774 $719,024 $557,384 $161,640
2014 $8,810 $704,940 $546,466 $158,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25056327

California Regional Multiple Listing Service (CRMLS)

APN: 5542-025-004