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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
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 WITH MR1 ZONING.

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 $20,000 grant toward the down payment if you work with City National Bank and it qualifies for a $5000 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
Area & Lot
Lot Area 7,500 Sq.Ft.
Living area 1,722 Sq.Ft.
MLS® ID PV25054594
Year Built 1915
Type Commercial
Status For Sale
Exterior
Stories 1
Air conditioning Central Air
Heat type Central
Water Source Public
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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