CA > Los Angeles
Los Angeles, CA 90004,317 N Commonwealth Avenue
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Los Angeles, CA 90004,317 N Commonwealth Avenue
Los Angeles, CA 90004,317 N Commonwealth Avenue
Los Angeles, CA 90004,317 N Commonwealth Avenue
Los Angeles, CA 90004,317 N Commonwealth Avenue
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Don Pelletier

Don Pelletier

+1(858) 336-1114
$ 1,250,000
Est. payment /mo
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Active

317 N Commonwealth Avenue Los Angeles, CA 90004

5 Beds

4 Baths

1,722 SqFt

UPDATED:

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

San Diego Regional MLS (SDMLS)
Listed by Jessiqa Pace • Compass
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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317 N Commonwealth Avenue

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