774 Virgil AveLos Angeles, CA 90029
- Retail properties
- 5,180 SF
For Lease
$48/SF/YR
View listing
Property Details for 774 Virgil Ave
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 5,180 SF
- Zone code
- LAC1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5539-018-027
- APU
- 5539018027
Description
Two exceptional retail spaces are available for lease at 774 and 776 N Virgil Ave in Los Angeles, CA 90029. This vibrant location boasts high foot traffic and is situated in a thriving dining destination, directly across from popular establishments like Courage Bagels and KinKan. The property features a total of 4,558 square feet, with individual units ranging from 1,170 to 1,446 square feet. Each unit offers a modified gross lease rate
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,245,981
- 6.5%
- $2,073,213
- 7%
- $1,925,127
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,482,272
- Geo Method
- $2,482,272
-
Alternative Use
- Use
- Valuation
- Residential
- $1,748,833
- Hospitality
- $1,601,922
- Educational
- $1,332,780
- Medical
- $1,378,616
- Retail
- $2,073,213
774 Virgil Ave, Los Angeles, California
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0854
- Longitude
- -118.287
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,137
$347,588
$144,824
$492,412
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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