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317 N Commonwealth Ave
Los Angeles CA 90004 US

$1,250,000

Active Listing ID 24-356187
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5 bed
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Lot: 0.17 Acres
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Other

$1,250,000

Active Listing ID 24-356187
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317 N Commonwealth Ave $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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Floor Covering: Engineered Wood, Hardwood, Wood
  • Roof Type: Composition, Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 317 N Commonwealth Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90004
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1722
  • lotsizeunits: Acres
  • lotsizearea: 0.1722
  • livingarea: 1722
  • livingareaunits: Square Feet
  • latitude: 34.077308
  • longitude: -118.285939
  • listagentfullname: Will Tiao
  • listagentemail: will@tiaoproperties.com
  • listagentkey: 3yd-CLAWCA-C108138
  • listagentmlsid: C108138
  • listagentpreferredphone: 3105691335
  • listagentofficephone: 3105691335
  • listofficekey: 3yd-CLAWCA-X80543
  • listofficemlsid: X80543
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1915
  • listingcontractdate: 2024-02-08
  • listagenturl: http://www.thecollectiverealty.com
  • countyorparish: Los Angeles
  • parcelnumber: 5501-003-011
  • constructionmaterials: Stucco
  • flooring: Engineered Wood, Hardwood, Wood
  • heating: Central Furnace
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 6
  • parkingfeatures: Carport
  • roof: Composition, Shingle
  • view: City
  • waterfrontyn: False
  • interiorfeatures: Common Walls, Drywall Walls, Recessed Lighting, Turnkey
  • architecturalstyle: Bungalow
  • rooms: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room, Master Bedroom
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.285939, 34.077308
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Listing Changed: 4/26/2024 4:08:22 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Will Tiao, The Collective Realty, will@tiaoproperties.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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