317 Commonwealth Avenue, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
317 Commonwealth Avenue,Los Angeles, CA 90004
$1,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jessiqa pace
Office:compass
MLS#:PV25024802
Source:CAREIL

Price summary

  • Price:$1,250,000

About this home

VACANT DUPLEX ON HUGE LOT - SELLER MOTIVATED 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 $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

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Home facts

  • Year built:1915
  • Listing ID #:PV25024802
  • Added:233 day(s) ago
  • Updated:July 16, 2025 at 04:18 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Year built:1915
  • Lot area:0.17 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,250,000
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