Active

317 N Commonwealth Ave

Los Angeles CA, 90004

$1,350,000


$783.97 per sqft

Active

5 Beds

1,722 sqft

Residential

Built in 1915

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 5, 2024

Updated

Map

317 N Commonwealth Ave
Los Angeles CA, 90004

Interior Features

Total Stories

1


Bedrooms

5 Beds


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

24


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

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 Cari Field Team 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 4/5/2024

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