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California, Los Angeles County, Los Angeles, USA

USD $2,699,999
Hamptons, International USA
PROPERTY TYPE

Detached

BEDROOMS

8

BATHROOMS

5

SIZE

Ask agent

Key features

  • Sewer: Public
  • Cooling: Central A/C
  • Water: City Water

Description

Exceptional Virgil Village / Koreatown Investment Opportunity
Business and Real estate (hotel permit)
Don't miss this rare chance to own a prime income-producing property on the prominent corner of 3rd Street and Virgil, in one of Los Angeles' most sought-after and high-demand neighborhoods. Featuring 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, this well-maintained property offers outstanding flexibility, strong upside potential, and exceptional long-term value.
Originally renovated in 2017, the property includes central air, a newer solar panel system, a new electrical box, and an existing hotel permit.
Currently operated as a Adult care facility 18 yrs in business with yelp reviews, it provides a unique opportunity for investors, operators, or buyers looking for a versatile asset with multiple potential uses. The business and property are being offered at an exceptional price, creating an attractive value proposition in a premier location.
The property may also be delivered vacant, allowing even more options for repositioning, expansion, or future use. In excellent condition and already generating strong revenue, this is a rare opportunity to acquire a property with size, location, income potential, and lasting upside.
1031 exchange buyers are welcome.


California, Los Angeles County, Los Angeles, USA

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Los Angeles(International)
    13.1 miles
  • Long Beach(Local)
    20.2 miles

Advice on buying American property

Learn everything you need to know to successfully find and buy a property in USA.

About Hamptons, International USA

Established in 1869, Hamptons has 80+ branches in the UK and over 1,200 international partner offices globally, marketing a wide range of properties from apartments to grand country estates.

While we are a national estate agent, our local offices provide in-depth knowledge of each area, ensuring you receive expert advice with a personal touch.

Our international presence is no different, with a growing network across more than 35 countries, we work with hand-picked international partners to ensure that you are always dealing with the local home experts, whether in the UK or overseas.

As The Home Experts, we're here to guide you every step of the way. Whether you're selling or letting, our reach allows us to connect your property with the right buyers or tenants, offering expertise and a service that makes all the difference. Our specialists in compliance, property management, and market research are on hand to make the process as smooth as possible.

It's a journey - we'll get you there.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Hamptons, International USA (reference 21826861_15460723) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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