317 N Commonwealth Avenue
Los Angeles, CA 90004
- 5 beds
- – baths
- 1,722 sqft
- 7,500 sqft lot
- $725 per sqft
- 1915 build
- – on site
Located in a convenient Los Angeles location this duplex, comprised of a 3 bed, 2 bath unit and a 2 bed, 2 bath unit, sits on a huge lot with plenty of opportunity for investors looking for rental income or to build their business. This is more than just a property—it’s a canvas for an investor with vision. The MR1 zoning allows for a range of uses, from commercial ventures like banks, clinics, and offices, to dynamic spaces such as a recreation facility, or a restaurant. If you choose to maintain the property as residential, the lot also offers the possibility to build 2 additional ADUs, further enhancing income potential. Each unit has 2 bathrooms, updated kitchens, updated bathrooms, each unit has its own laundry room and more than enough off-street gated parking. Whether you’re an investor looking to reimagine the space or someone seeking a unique live/work solution, the potential here is limitless. Between Silver Lake, Echo Park, and Koreatown, all with amazing restaurants and shops, and easy access to major freeways, this location offers the perfect mix of convenience, visibility, and growth potential. This is not a typical investment—it’s an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable. Sch
Last checked:
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Last updated Feb 8, 2025
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MLS# CRPV25024802 —
This property is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 2/8
1pm-3pm -
Sunday, 2/9
11am-2pm
The Building
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Year Built:1915
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Building Area Units:Square Feet
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Other Equipment:Other
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Green Energy Efficient:Other
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Building Area Total:1722
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:1722
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Living Area Units:Square Feet
Location
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Directions:Cross street: Temple St and N Commonwealth Ave
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Exterior Features:Front Yard
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Parcel Number:5501003011
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Zoning:LAMR
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Lot Features:Level
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Lot Size Area:0.17
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Lot Size Acres:0.17
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Lot Size SqFt:7500
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Lot Size Units:Acres
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View:None
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View:false
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Fencing:Wood
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:1927.00
Beds
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Bedrooms Total:5
The Listing
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Listing Terms:Cash
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Virtual Tour URL Branded:https://youtu.be/AdyNNugakHw
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Virtual Tour URL Unbranded:https://www.youtube.com/watch?v=MLRkTeQkJiQ
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:10
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Parking Features:Covered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/4/25
Feb 4, 2025
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Listed / Active | BRIDGE | $1,250,000 | 8.7% (3.0% / YR) |
3/1/22
Mar 1, 2022
|
CRMLS_CA | $1,150,000 | 9.5% | |
2/25/22
Feb 25, 2022
|
CRMLS_CA | $1,050,000 | -4.5% |