317 319 N Commonwealth Avenue

Los Angeles, CA 90004

  • 5 Bed(s)
  • 4 Bath(s)
  • 1,722 Sqft
  • 7500
    Sqft(Lot)
$1,250,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Craftsman

  • AD ID

    48511449

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Granite Counters,Open Floorplan,Recessed Lighting,All Bedrooms Down,Main Level Primary,Walk-In Closet(s)
    • Property Appliances: Dishwasher,Gas Range,Refrigerator
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1915
    • Building Area Total: 1,722

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup,Laundry Room

    Fencing

    • Block,Security,Wood,Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7500

  • Listing Price Information

    • Original List Price: 1,250,000
    • Listing Contract Date: 2025-01-23

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5501003011

  • Garage and Parking

    • Garage Description: Covered,Carport,Driveway,Gated,Paved,Private,RV Potential,RV Access/Parking,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Telephone

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C17 - Mid-Wilshire
    • Postal Code Plus 4: 3607
    • Directions: Cross street: Temple St and N Commonwealth Ave
    • Zoning: LAMR1
    • Source Property Type: Residential Income
    • Area: C17 - Mid-Wilshire
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 110
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front Door
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 02/25/2025 @ 08:48

  • MLS: PV25024802
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 1,722 sqft, 7,500 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90004, this Los Angeles County Home are nearby neighborhoods.