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
VACANT DUPLEX ON HUGE LOT 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 $7500 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.
Last checked:
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Last updated Mar 24, 2025
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MLS# CRPV25024802 —
This property is listed in more than one place. See it here.
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
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Special Listing Conditions:Short Sale
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 |
|---|---|---|---|---|
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2/4/25
Feb 4, 2025
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Listed / Active | BRIDGE | $1,250,000 | 8.7% (3.0% / YR) |
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10/31/24
Oct 31, 2024
|
Price Changed | BRIDGE | ||
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10/7/24
Oct 7, 2024
|
Listed / Active | BRIDGE |
