Los Angeles, CA 90004,317 N Commonwealth Avenue
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Los Angeles, CA 90004,317 N Commonwealth Avenue
Los Angeles, CA 90004,317 N Commonwealth Avenue
Los Angeles, CA 90004,317 N Commonwealth Avenue
Los Angeles, CA 90004,317 N Commonwealth Avenue
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Listed by Jessiqa Pace • Compass
$ 1,250,000
Est. payment /mo
Active

317 N Commonwealth Avenue Los Angeles, CA 90004

5 Beds

4 Baths

1,722 SqFt


UPDATED:

03/12/2025 08:05 AM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $725

MLS Listing ID CRPV25025094

Bedrooms 5

Full Baths 2

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1915

Lot Size 7,500 Sqft

Property Sub-Type Duet

Property Description

VACANT DUPLEX ON HUGE LOT This duplex is turnkey, vacant and located Mid-Wilshire/Silverlake Adjacent. Gated property with two units, 5 bedrooms and four bathrooms, two laundry rooms, two aircon units, solar panels owned by the property outright and over 10 parking spots on the property. It's on a HUGE lot with 7500 square feet of exterior space and is zoned for commercial/residential-MR1 zoning. You can also build two more ADU's on this lot under current zoning laws. This is the best investment opportunity in town, perfect for a primary residence with rental income. But wait, there's more...this property has an assumable FHA loan with an interest rate of 3.25%. It also qualifies for a $50k grant toward the down payment if you work with City National Bank and it qualifies for a $7500 grant toward closing costs through Chase Bank. There are no other investment properties like this on the market. Did I mention it's vacant on a huge lot? Reach out for more information about rental income opportunities. This lot is like no other on the market. Don't wait on this one. It's going off the market very soon.

Location

State CA

County Los Angeles

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Gas Range, Refrigerator, Gas Water Heater

Laundry Gas Dryer Hookup, Laundry Room, Other

Exterior

Pool None

Amenities Available Gated

View None

Private Pool false

Building

Lot Description Level, Other, Street Light(s), Storm Drain

Story 1

Water Public

Architectural Style Craftsman

Schools

School District Los Angeles Unified


Bay East AOR and Contra Costa AOR
agent

Silvano Barocio

Team Lead | License ID: 02066373

+1(925) 255-3760

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317 N Commonwealth Avenue