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$1,250,000
5 bed
1,722 Sqft
7,503 Sqft lot

317 N Commonwealth Avenue, Los Angeles, California 90004

  • Residential Income Property Type
  • 100 Days Time on market
  • $726 Price per sqft
  • 1915 Year Built
Property Description

$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.

Basic Details
Residential Income
Buy
24356187
$1,250,000
5
1,722 Sqft
1915
7,503 Sqft
Active
Condos/Co-ops
Features
: Central
: Central Air
: City Lights
: Front Porch
: Dryer, Dishwasher, Disposal, Refrigerator, Washer
: Bungalow
: Gated
6
$0
: Shingle, Composition
: Sewertappaid
Address
CA
Los Angeles
Los Angeles
90004
317 N Commonwealth Avenue
317
Avenue
0
W119° 42' 50.6''
N34° 4' 38.3''
N
Additional Information
100
1
1
1
4
: One
1
: Laundry Room
1
1,722 Sqft
0 Sqft
0 Sqft
: Assessor
: Walk-in Closet(s), Recessed Lighting
0.17 Sqft
7,503 Sqft
1
0 Sqft
LAMR1
5501003011
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
09/02/2024 16:17:20
$1,350,000
: Standard
From 101 freeway, W on Silver Lake Blvd, N on Virgil Ave, E on Commonwealth
Destrahan
Harry Hurst
The Collective Realty
Will Tiao
CLW-X80543
CLW-C108138
$0
5.6
4
: Stucco
East
1
: Lawn, Landscaped, Rectangular Lot, Front Yard, Yard
1
1
0
0
1
: Rain Gutters
1
1
2
2
1
0
2
Updated/Remodeled
Security Gate,Gated Community
1
88800
US-06037-N-5501003011-R-N
12/02/2024 23:43:39
Commonwealth
C17 - Mid-Wilshire
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