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$ 5,500,000
Est. payment /mo
Active
222 N Virgil AVE Los Angeles, CA 90004
0.29 Acres Lot
UPDATED:
12/10/2024 06:47 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24216170
HOA Y/N No
Year Built 1938
Lot Size 0.290 Acres
Property 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.
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5501006002
Special Listing Condition Standard
Listed by Reyes Mejia • Realty Group Advisors • 323-273-1457