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$1,265,000
4 bed
3,299 Sqft
7,503 Sqft lot

533 N Commonwealth Avenue, Los Angeles, California 90004

  • Residential Income Property Type
  • 372 Days Time on market
  • $383 Price per sqft
  • 1924 Year Built
Property Description

FANTASTIC hidden gem! The opportunity to own a (3) unit property with possibility or potential to be 4-5 units (ADU) conversion of attached garage below the rear unit. This property will not last, calling all investors or visionaries. Location! Location! Location! This home is situation in great serenity neighborhood w/much growth. This home is located minutes away from the Downtown L.A, Chinatown, and the Hollywood/Echo Park/Silver Lake area. Only minutes away from L.A.C.C community college and the 101 fwy entry. Additionally close to the metro station. Also close to groceries stores/shopping centers and proximity of public schools. Only the rear/back unit will be vacant at the close of escrow no exceptions, and do not ask for more vacancy. The back/rear unit is well taken care of and has a lovely remodel kitchen w/beautiful countertops, chandeliers, breakfast area. This unit has A/C & central heater for the hot summers or cold winter day; plenty of widows for natural light. In addition, this back unit has a small back yard great for the barbecues and w/more potential to let your imagination grow. All the units have individual electrical and gas meters. The property has long driveway and gated; plenty of parking space in between both structures or inside garages (4 individual garages) Garages are only for the use of the owner/seller. The sale of the property is contingent upon seller finding a replacement home to move into, and closing consequently at the same time with the sale of the subject property. Tenants in the front (2) units will remain with the sale of the property, they are paying rent on time without any issues, front 2 units have small front yard (1bed/1bath each; DO NOT DISTURB TENANTS. Subject property is being sold as is where is conditions. Supra lock box installed in the property, see agent remarks for full details. The Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Note: Buyer is advised to verify all information accuracy through personal professionals independently information deemed reliable but not guaranteed. Buyer/Buyers agent are advised to do their due diligence to verify all information provided.

Basic Details
Residential Income
Buy
23245161
$1,265,000
4
3,299 Sqft
1924
7,503 Sqft
Active
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Condos/Co-ops
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Features
: Wall Furnace
: Front Porch
: Dryer, Dishwasher
: Contemporary
: Gated
4
$0
: Shingle, Tile
: Other, Sewertappaid
Address
CA
Los Angeles
Los Angeles
90004
533 N Commonwealth Avenue
533
Avenue
0
W119° 42' 50.9''
N34° 4' 49.4''
N
Additional Information
372
2
0
3
: Two
1
3,299 Sqft
0 Sqft
0 Sqft
0.17 Sqft
7,503 Sqft
1
0 Sqft
LAR2
5539029009
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
27/02/2024
30/04/2023 00:00:00
$1,300,000
: Standard
East from Virgil Ave/West of Hoover/South of Melrose Av/North Middlebury St or refer to your thomas guide.
Destrahan
Harry Hurst
Golden Royalty Properties Inc.
Walter Gonzalez
CLW-X83438
CLW-C122541
$0
: Carpet, Laminate
1
1
0
0
1
2
3
Carbon Monoxide Detector(s),Gated Community,Smoke
6338
US-06037-N-5539029009-R-N
06/03/2023 22:11:18
Commonwealth
C21 - Silver Lake - Echo Park
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