317 Commonwealth Avenue
Los Angeles, CA 90004
$1,250,000
For Sale
- 5 Beds
- 3 Bathrooms
- 1,722 sq ft
Local Information
About this home
VACANT DUPLEX ON HUGE LOT - SELLER MOTIVATED 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 $20k grant toward the down payment if you work with City National Bank and it qualifies for a $5000 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.
Home Highlights
No Info
None
No Info
$167
Heating & Cooling
3 months ago
Home Details for 317, Commonwealth Avenue
Interior Features
Interior Features
- Interior Home Features: Kitchen/Family Combo, Breakfast Bar, Stone Counters
- Flooring: Laminate
- Fireplace: None
- Kitchen: Breakfast Bar, Counter - Stone, Dishwasher, Gas Range/Cooktop, Refrigerator
- Laundry: Gas Dryer Hookup, Laundry Room, Other
Beds & Baths
- Number of Bathrooms: 3
- Number of Bedrooms: 5
Heating & Cooling
- Heating: Central
- Cooling: Central Air
Appliances & Utilities
- Appliances: Dishwasher, Gas Range, Refrigerator, Gas Water Heater
Exterior Features
Exterior Home Features
- Exterior Details: Front Yard, Other
- Window: Double Pane Windows
Parking & Garage
- Parking: Covered, Other, Private, RV Access, RV Possible
- Garage: No Garage
Pool & Views
- Pool: None
- Private Pool: No Private Pool
- Views: None
Water & Sewer
- Water Source: Public
- Sewer: Public Sewer
Property Information
Property Information
- Parcel Number: 5501003011
- Levels: One Story
- Lot Size (sq ft): 7,500
Property Type & Style
- Type: Residential
- Subtype: Duet
- Architectural Style: Craftsman
Year Built
- Year: 1915
Location
- Directions: Cross street: Temple St and N Commonwealth Ave
Listing Attribution
- Agent Name: Jessiqa Pace
- Brokerage: Compass
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