Keller Williams Realty - Jeff Menendez Homes
1/36
Listed By: Compass, 310-986-9888, Jessiqa Pace
Local Realty Services Provided By: Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
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$1,250,000
317 -319 N Commonwealth Avenue, Los Angeles, CA 90004
5 Beds
4 Baths
1,722 sq ft
.17 ac
$1,250,000

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

Estimation provided by Keller Williams Realty Inc.
5 Beds
4 Baths
1,722 sq ft
.17 ac
Active
For Sale
Virtual Tour

Property 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.

Property Details

Compare This Home
Overview
Property Type
Duplex
Property Size
1,722 sq ft
Year Built
1915
Days on Site
50 Days
HVAC
Central Air, Central
Parking
10 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

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0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $1,250,000
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Price & Tax History

Date
Event
Price
02/04/2025
Listed
$1,250,000
(+8.7%)
01/28/2022
Sold
$1,150,000
(+422.73%)
09/19/2011
Sold
$220,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$14,489
(+292.42%)
$1,173,000
Land 816,000 + Additions 357,000
2022
$3,692
(+1.51%)
$282,199
Land 174,055 + Additions 108,144
2021
$3,637
(+2.91%)
$282,199
Land 174,055 + Additions 108,144
2019
$3,534
(+6.68%)
$279,307
Land 172,271 + Additions 107,036
2017
$3,313
$268,464
Land 165,583 + Additions 102,881
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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