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317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
317 -319 N Commonwealth Avenue
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$1,250,000

317 -319 N Commonwealth Avenue

1,722 Sq.Ft.

Description

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.

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Location

317 -319 N Commonwealth Avenue, Los Angeles, CA 90004

Status

For Sale

Property Amenities

Interior
Laundry room Washer Hookup, Gas Dryer Hookup, Laundry Room
Fireplace None
Appliances Dishwasher, Gas Range, Refrigerator
Flooring Laminate
Other Interior Features Granite Counters, Open Floorplan, Recessed Lighting, All Bedrooms Down, Main Level Primary, Walk-In Closet(s)
Area & Lot
Lot Area 7,500 Sq.Ft.
Living area 1,722 Sq.Ft.
MLS® ID PV25024802
Year Built 1915
View Description None
Architecture Styles Craftsman
Type Multi-Family
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning Central Air
Heat type Central
Green Feature Solar
Water Source Public
Sewer Public Sewer
Parking Covered, Carport, Driveway, Gated, Paved, Private, RV Potential, RV Access/Parking, One Space
Lot Features 0-1 Unit/Acre, Front Yard, Lawn, Level, Paved, Yard
Finance
Sales Price $1,250,000
Maintenance Fee $7,000 monthly

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Thank you for your interest in 317 -319 N Commonwealth Avenue, Los Angeles, CA 90004. We are reviewing your request and will be in touch shortly!

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