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317 -319 N Commonwealth Avenue

Los Angeles (City), CA 90004
  • $1,250,000
  • STATUS: Active
  • ON SITE: 1 Day
  • ID#: PV25025094
Open House
UPDATED: 69 min ago
$1,250,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,722
    SQFT
  • $726
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1915
County:

School Ratings & Info

School District:
Listing Agent(s): Jessiqa Pace of Compass (310-241-3038) and Tadashi Kondo of ()


Description

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"its 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 youre 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"its an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable.Schedule a showing today and begin envisioning the possibilities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-06T16:35:40.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
www.bestorangecountyhomesearch.com/homes/160008785
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317 -319 N Commonwealth Avenue Los Angeles (City), CA 90004

  • Price: $1,250,000
  • Status: Active
  • On Site: 1 Day
  • Updated: 69 min ago
  • ID#: PV25025094
5
Beds
4
Baths
0
½ Baths
0.17
Acres
1,722
SQFT
$726
$/SQFT
1915
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
School District:
Los Angeles Unified
Property Description
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"its 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 youre 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"its an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable.Schedule a showing today and begin envisioning the possibilities.
Exterior Features

Architectural Style Craftsman Carport Spaces 4 Carport YN Yes Entry Level 1 Entry Location Front Door Fencing BlockSecurityWoodWrought Iron Lot Features 0-1 Unit/AcreFront YardLawnLevelPavedYard Open Parking Spaces 6 Parking Features CoveredCarportDrivewayGatedPavedPrivateRV PotentialRV Access/ParkingOne Space Parking Total 10 Patio And Porch Features ConcreteFront PorchPatioPorch Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas Range Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes Interior Features Breakfast BarOpen FloorplanRecessed LightingAll Bedrooms DownMain Level PrimaryWalk-In Closet(s) Main Level Bathrooms 4 Main Level Bedrooms 5

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStorm Drain(s)Street LightsSidewalks Garage YN No Green Energy Generation Solar Inclusions fridgesovens Land Lease YN No Laundry Features Washer HookupGas Dryer HookupLaundry Room Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalContractSubmit New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning LAMR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-06T16:35:40.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
 
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Doherty Real Estate Group | eXp Realty of California, Inc.
26381 Crown Valley Pkwy, Suite 130
Mission Viejo CA, 92691
Listing Agent(s): Jessiqa Pace of Compass (310-241-3038) and Tadashi Kondo of ()