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317 -319 N Commonwealth Avenue

Los Angeles, CA 90004

$1,250,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1915

calendar_month Built

Open Houses

Next available: Saturday, February 8th, 2025 1:00 pm - 3:00 pm

Save to Open House Schedule

calendar_month Sunday, February 9th, 2025

11:00 am - 2:00 pm • Save to Open House Schedule

Property 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 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.

Listing Information

List Price $1,250,000
Status Active
MLS PV25024802
Type Residential Income
Subtype Duplex
Year Built 1915
Lot Size 7,500
Structure Size N/A
DOM 3
Courtesy Of Compass
Listing Agent Jessiqa Pace DRE#02122433
Co-Listing Agent Tadashi Kondo DRE#01438455

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Laundry Room
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Granite Counters, Open Floorplan, Recessed Lighting, All Bedrooms Down, Main Level Primary, Walk-In Closet(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

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king_bed N/A
straighten N/A
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king_bed N/A
shower N/A
straighten N/A
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Listing information courtesy of: Jessiqa Pace, Tadashi Kondo, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 11:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.