449 N Virgil
Los Angeles, CA, 90004
$1,299,000
MLS: OC26068252
Beds
2
Baths
2
Sq Ft
1,886
Lot
0.17 ac
Year Built
1906
MLS #
OC26068252
Days on Market
1
Listed
Apr 1, 2026
Description
This property is a unique opportunity. The home is located on a 7,260 square foot lot that is zoned LAR3. This property is located in a great East Hollywood location, just east of Vermont Avenue. This is a prime opportunity for a developer with numerous project options. The zoning currently allows for 9 townhomes or an apartment building with much more units. Located near the metro the new owner could get a TOC density upgraded, This home is currently rented at market value, to help cover expenses while going through the permit Process. Please see the agent remarks for additional opportunities that exist for the right buyer, this is a truly unique opportunity. This original home comes with a lot of character
Location
Los Angeles, Los Angeles County, CA 90004
Open on Google Maps ↗Listed by: David Babiracki · Option West Realty
Payment estimate
$9,323
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,900 · Loan: $1,169,100
- Principal & Interest
- $7,183
- Property tax (1.25%)
- $1,353
- Homeowners insurance
- $300
- Mortgage insurance
- $487
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $45,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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