Active
317 N Commonwealth Ave
Los Angeles CA, 90004
$1,250,000
$725.90 per sqft
Active
5 Beds
1,722 sqft
Residential
Built in 1915
$100K PRICE IMPROVEMENT! SELLER HIGHLY MOTIVATED! This duplex in the highly sought after Virgil Village area is a great opportunity for an owner/user or investor who is looking for a great return and huge potential. Both units are renovated and will be delivered vacant. One unit is a 3 bed/2 bath and the other unit is a 2 bed/2 bath. Recently remodeled, both units have central air and heating, engineered hardwood floors, and individual laundry machines and dryers. Owner-owned solar panels for energy efficient use. Perfect for owner/user to live in one unit and rent out the other. Plenty of parking with a detached carport for 6+ cars and additional room outside for more. Large lot with opportunity to expand. There is room for two additional detached ADUs per code. Also, the property is commercially zoned for even greater use. Buyer to verify any potential expansion plans. There is the possibility of an assumable FHA loan at 3.25%. Contact listing agent for details. Close to all the shops and restaurants at the Sunset Junction, Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway and B Line. This duplex property with expansion possibilities presents the perfect investment opportunity for the right buyer.
24-356187
MLSⓇ ID
February 8, 2024
Listed
April 25, 2024
Updated
Map
317 N Commonwealth Ave
Los Angeles CA, 90004
Interior Features
Total Stories
1
Bedrooms
5
Interior Features
Common Walls, Drywall Walls, Recessed Lighting, Turnkey
Appliances
Washer, Dryer, Refrigerator, Freezer, Range/Oven, Garbage Disposal, Solar Panels, Hood Fan, Ice Maker, Dishwasher, Water Line to Refrigerator
Laundry Description
Laundry Area, Room
Floor Description
Engineered Hardwood
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Air Conditioning, Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Front Yard, Fenced, Gutters, Automatic Gate, Landscaped, Lawn, Yard, Sidewalks, Lot-Level/Flat, Lot Shape-Rectangular
Architectual Style
Bungalow
Roof
Composition, Shingle
Sewer
In Connected and Paid
Other Property Details
Area Name
Mid-Wilshire
Days on Market
77
Association Amenities
None
Garage
No
Parking
Carport Detached
Parking Total
6
View
Yes
View Description
City
County
Los Angeles
Water Source
District
Pool
No
Pool Features
None
Zoning
LAMR1
Listing History
Date | Event | Price |
---|---|---|
4/24/2024 | Price Change | $1,250,000 -8% |
Listed by Will Tiao with The Collective Realty
Listing Contact: 323-363-1096
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/25/2024