$1,950,000

719 N Madison Avenue, Los Angeles, CA 90029

6,398

Lot Size

7

# Of Units

I am pleased to offer the opportunity to acquire 719 North Madison Avenue, a seven-unit multifamily community located in the thriving Virgil Village neighborhood of Los Angeles. Virgil Village provides a unique edge and array of popular eateries and locally owned retail which makes this neighborhood one of the most sought-after markets in Los Angeles. The subject property is an appealing bungalow-style apartment community that has been well-maintained by current ownership. Constructed in 1924, the property consists of six one-bedrooms and one two-bedroom unit on a 6,398 square foot lot. The property is also located in an opportunity zone which is expected to draw significant capital into the market and drive rents and values.

Facts & Features

MLS® # 21793234
Price $1,950,000
Bathrooms 0.00
Lot Size 6,398
Year Built 1924
Type Residential Income
Status Active
# Of Units 7

Community Information

Address 719 N Madison Avenue
Area C21 - Silver Lake - Echo Park
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

Parking Spaces 7
Parking Garage, Uncovered
Garages Garage, Uncovered
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2

Additional Information

Date Listed October 8th, 2021
Days on Market 16
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentSean Rosenzweig
OfficeMarcus & Millichap

Listing Map

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