317 North Commonwealth Avenue
317 North Commonwealth Avenue
$1,250,000
5
4
1,722
1,722
$726
Description
$100k price improvement! Seller highly motivated! This duplex in the highly sought after Virgil Village area is a great opportunity for an owner/user or investor who is looking for a great return and huge potential. Both units are renovated and will be delivered vacant. One unit is a 3 bed/2 bath and the other unit is a 2 bed/2 bath. Recently remodeled, both units have central air and heating, engineered hardwood floors, and individual laundry machines and dryers. Owner-owned solar panels for energy...$100k price improvement! Seller highly motivated! This duplex in the highly sought after Virgil Village area is a great opportunity for an owner/user or investor who is looking for a great return and huge potential. Both units are renovated and will be delivered vacant. One unit is a 3 bed/2 bath and the other unit is a 2 bed/2 bath. Recently remodeled, both units have central air and heating, engineered hardwood floors, and individual laundry machines and dryers. Owner-owned solar panels for energy efficient use. Perfect for owner/user to live in one unit and rent out the other. Plenty of parking with a detached carport for 6+ cars and additional room outside for more. Large lot with opportunity to expand. There is room for two additional detached ADUs per code. Also, the property is commercially zoned for even greater use. Buyer to verify any potential expansion plans. There is the possibility of an assumable FHA loan at 3.25%. Contact listing agent for details. Close to all the shops and restaurants at the Sunset Junction, Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway and B Line. This duplex property with expansion possibilities presents the perfect investment opportunity for the right buyer.
- Listed by Will Tiao • DRE #01918965 • Brokerage DRE #01335786 • The Collective Realty
- Listed by Ken Dennis • DRE #02097826 • Brokerage DRE #01335786 • The Collective Realty
Property Details for 317 North Commonwealth Avenue
Water Front
None
ZoningLAMR1
StyleBungalow
Accessibility FeaturesNone
Parcel Number5501003011
Total Units2.0
Living Area1722
Source Living AreaAssessor
Location
LISTING UPDATED: 04/25/2024 09:02 AM
Property Details for 317 North Commonwealth Avenue
Status | Active |
---|---|
MLS # | 24-356187 |
Days on Market | 83 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.17 AC / 7,503 SF |
County | Los Angeles County |
Location
Building Information for 317 North Commonwealth Avenue
Stories1Residences-Year Built1915Building Size-Lot Size0.17 AC / 7,503 SF
Payment Calculator
$8,029 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 317 North Commonwealth Avenue
Property History for 317 North Commonwealth Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 317 North Commonwealth Avenue
Taxable ValueLand$816,000Additions$357,000Total$1,173,000
Tax Record2023$14,489 ($1,207 / month)
Home Facts
Total Finished SqFt1,722 SqFtAbove Grade Finished SqFt1,722 SqFtLot Size7,500 SqFtStyleDuplexYear Built1915ZoningLAMR1CountyLOS ANGELESAPN5501-003-011
Schools near 317 North Commonwealth Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Camino Nuevo High No. 2 Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.