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.
Sold for $1,890,000 on 08/05/22
$1,890,000
719 N Madison Ave, Los Angeles, CA 90029
5beds
4baths
--sqft
Multi Family
Built in 1924
-- sqft lot
$1,827,500 Zestimate®
$--/sqft
$4,449 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 10, 2022 at 01:07pm
Listed by:
Marcus & Millichap
Bought with:
Jason Woodruff, DRE #01720468
Keller Williams Hollywood Hills
Source: SDMLS,MLS#: 21-793234

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Other/Remarks
Cooling
- Other/Remarks
Interior area
- Total structure area: 0
Property
Lot
- Size: 6,385 sqft
Details
- Zoning: LARD1.5
- Zoning description: LARD1.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Los Angeles
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,827,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,827,500