317 N Commonwealth Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,722 sqft
Price per Sqft $725
MLS Listing ID PV25025094
Style Townhome
Bedrooms 5
Full Baths 4
Construction Status Turnkey
HOA Y/N No
Year Built 1915
Lot Size 7,500 Sqft
Acres 0.1722
Property Sub-Type Townhome
Property Description
VACANT DUPLEX ON HUGE LOT - SELLER MOTIVATED 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 $5000 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.
VACANT DUPLEX ON HUGE LOT - SELLER MOTIVATED 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 $5000 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.
Location
State CA
County Los Angeles
Area Los Angeles (90004)
Zoning LAMR1
Interior
Interior Features Granite Counters,Recessed Lighting
Cooling Central Forced Air
Flooring Laminate
Equipment Dishwasher,Refrigerator,Solar Panels,Gas Range
Appliance Dishwasher,Refrigerator,Solar Panels,Gas Range
Laundry Laundry Room
Exterior
Parking Features Gated
Fence Wrought Iron,Security,Wood
Total Parking Spaces 10
Building
Lot Description Curbs,Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Architectural Style Craftsman,Craftsman/Bungalow
Level or Stories 1 Story
Construction Status Turnkey
Others
Miscellaneous Storm Drains
Acceptable Financing Cash,Conventional,Land Contract,Cash To New Loan,Submit
Listing Terms Cash,Conventional,Land Contract,Cash To New Loan,Submit
Special Listing Condition Need SS- No Lender Knwldg
Virtual Tour https://www.youtube.com/watch?v=MLRkTeQkJiQ