317 -319 N Commonwealth Avenue, Los Angeles, CA 90004
-
Listed Price :
$1,250,000
-
Beds :
5
-
Baths :
4
-
Property Size :
1,722 sqft
-
Year Built :
1915
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.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Gas Dryer Hookup, Laundry Room |
| Kitchen Information |
| Features |
Granite Counters, Kitchen/Family Room Combo |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
5 |
| Bathroom Information |
| Features |
Bathtub, Separate Shower, Tub Shower |
| Bathrooms |
4 |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Features |
Breakfast Bar, Open Floorplan, Recessed Lighting, All Bedrooms Down, Main Level Primary, Walk-In Closet(s) |
| Cooling Type |
Central Air |
Listing Information
| Address |
317 -319 N Commonwealth Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90004 |
| County |
Los Angeles |
| Listing Agent |
Jessiqa Pace DRE #02122433 |
| Co-Listing Agent |
Tadashi Kondo DRE #01438455 |
| Courtesy Of |
Compass |
| List Price |
$1,250,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
1,722 |
| Lot Size |
7,500 |
| Year Built |
1915 |
Listing information courtesy of: Jessiqa Pace, Tadashi Kondo, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 5th, 2025 at 8:02 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.
