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$1,235,000

Beds
5
sq ft
1,722

319 N Commonwealth Ave, Los Angeles, CA 90004

319 N Commonwealth Ave

Los Angeles, CA 90004

  • 8 days on market
SELLER HIGHLY MOTIVATED! 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.

Details

Property type

Property condition

Updated/Remodeled

Lot size

7,503 sq ft

Price per sq ft

$718

Year built

1915

HOA

No

Price History

06/17/2024
CLAW

CLAW #24404953

Listed
$1,235,000

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 06/29/2024 at 7:45 AM

Listing updated: 06/25/2024 at 5:23 AM

Listed by: Will Tiao, The Collective Realty Phone #: (310) 569-1335

MLS: CLAW #24404953

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