186 S Virgil Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
186 S Virgil Avenue,Los Angeles, CA 90004
$1,100,000
  • 0.16 Acres
  • Lots / Land
  • Active
Listed by: nicole contreras, jonathan zamora
Office: christie's international real estate socal424-249-7162
MLS#:26645989
Source:CRMLS

Price summary

  • Price:$1,100,000

About this home

182 & 186 S Virgil Ave present a rare LAR3 / TOC Tier 3 development opportunity in a prime infill Los Angeles location. The offering consists of two contiguous parcels preferably sold together ($2.2m), creating an efficient 12,638 SF site per ZIMAS. Located in the heart of Koreatown, the property sits within one of Los Angeles' most supply-constrained, high-density rental submarkets, known for strong multifamily fundamentals and durable tenant demand. The area continues to see active infill redevelopment driven by proximity to major employment centers, neighborhood-serving retail, and transit. The site benefits from TOC Tier 3 designation, allowing for density increases and reduced parking requirements, enhancing feasibility and project efficiency. Surrounding uses include mid-rise and high-density apartment buildings, reinforcing the site's suitability for multifamily development and supporting long-term rental demand. This offering is well suited for by-right multifamily...

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Home facts

  • Listing ID #:26645989
  • Added:92 day(s) ago
  • Updated:May 13, 2026 at 10:45 AM

Structure and exterior

  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,100,000
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