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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
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$1,250,000

317 -319 N Commonwealth Avenue

5 Beds 4 Baths 1,722 Sq.Ft.

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, to do a 1031 exchange or to build their business. This is more than just a property--it's 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 you're 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--it's 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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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
Flooring Laminate
Total Bedrooms: 5
Three-Quarter Bathrooms: 2
Full Bathrooms: 2
Other Interior Features Breakfast Bar, 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 PV25025094
Year Built 1915
School District Los Angeles Unified
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

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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

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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