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.
MLS #
CRPV25024802
MLS Source
California Regional MLS
Days on Site
66
Appliances
Dishwasher, Oven Range - Gas, Refrigerator
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Style
Craftsman
Garage/Parking
Carport, Covered Parking, Gate/Door Opener, Other, Parking Area, Private / Exclusive, RV Access, RV Possible, Garage: 0 Car(s)
Listing Agent
Jessiqa Pace
Compass
License #: 02122433
Phone: –
Co-Listing Agent
Tadashi Kondo
Compass
License #: 01438455
Phone: (310) 567-8790
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 0 | 2 |
317 -319 N Commonwealth Ave is a Duplex in Los Angeles, CA 90004. This – square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1915.
This address can also be written as 317 -319 N Commonwealth Ave, Los Angeles, CA 90004.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 24, 2025. For the most current information, please contact Jessiqa Pace