611-615 N Virgil Ave
Los Angeles, CA 90004
Opportunity Zone - Retail w/ Development Opp. · Retail Property For Sale

Opportunity Zone! 6,505 SF commercial building on a 13,836 SF double-lot in the Vermont/Western TOD Specific Plan. Zoned C2, the Specific Plan modifies the Zoning to the equivalent of C1.5 and R3. The owner-occupied property currently houses a large laundromat with ample parking, and a catering kitchen. This quickly-evolving area in this great pocket of Silver Lake known as Virgil Village is bordered by the 101 to the south & west and Sunset Blvd. to the north and east. This pedestrian friendly area is less than one mile from the Metro Subway Station, one block to trendy Sqirl breakfast & bakery, two blocks to Bellevue Recreation Center & Park, half a mile to LA City College and all the nightlife & dining options that Silver Lake and Echo Park have to offer. With the Specific Plan, build 17 units by right, or invoke the TOC’s Tier 3 for maximum density. Due to there being no housing currently on site, future developments have less restrictions and more future potential!