317 N Commonwealth Avenue Los Angeles, CA 90004
$100K PRICE IMPROVEMENT! 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site128 Days
- MLS StatusActive
- MLS ID Number24356187
- Home Size Source Assessor
- Year Built1915
- Lot Size0.1722 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Bungalow
- Construction Stucco
- Parking Detached Carport
- Parking Spaces 6
- Number of Stories 11
- Acreage 0.1722
- Water Public
- Security Automatic GateGated Community
- Attached Garage No
- Foundation Raised
- Zoning LAMR1
- Listing Conditions Standard
- Property Condition Updated/ Remodeled
- Direction Faces East
Interior Features
- Cooling Central Air
- Heating Central
- Appliances DishwasherDisposalRefrigerator
- Interior Recessed Lighting
- Fireplace Features None
- Laundry Features Washer IncludedDryer IncludedIndividual Room
- Fireplace No
Exterior Features
- Roof CompositionShingle
- View City Lights
- Spa No
- Pool Features None
- Spa Features None
- Exterior Rain Gutters
- Lot Front YardLandscapedLawnYardRectangular Lot
- Patio And Porch Front Porch
Community Features
- Senior Community No
- MLS Area C17 - Mid-Wilshire
- Security Features Automatic GateGated Community