186 S Virgil Avenue

Los Angeles, CA 90004

$1,100,000

0.16 acres

Listed by Christie's International Real Estate SoCal · MLS #26645989

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A FEW THINGS TO NOTICE

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Property size

0.16 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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 22m creating an efficient 12638 SF site per ZIMAS Located in the heart of Koreatown the property sits within one of Los Angeles most supplyconstrained highdensity 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 neighborhoodserving 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 midrise and highdensity apartment buildings reinforcing the sites suitability for multifamily development and supporting longterm rental demand This offering is well suited for byright multifamily development TOC density bonus execution or other qualifying housing strategies subject to buyer verification Vacant land with no inplace income offering a clean development path in an established urban location Buyer to independently verify all zoning unit counts TOC incentives parking requirements utilities and development assumptions

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THE NEIGHBORHOOD

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186 S Virgil Avenue, Los Angeles, CA 90004

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THE DETAILS

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Property type: Land
Category: Land
Full baths: 0
Half baths: 0
Zoning: LAR3
Parcel: 5501017022

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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186 S Virgil Avenue, Los Angeles, CA 90004 · MLS #26645989

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Listing information

MLS #26645989 · California Regional MLS

Listing brokerage: Christie's International Real Estate SoCal
Listing agent: Nicole Contreras

Listing status: Active. Record updated July 28, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.