533 North Commonwealth Avenue
533 North Commonwealth Avenue
$1,265,000
4
3
3,299
3,299
$383
Virtual Tour
Description
FANTASTIC hidden gem! The opportunity to own a (3) unit property with possibility or potential to be 4-5 units (ADU) conversion of attached garage below the rear unit. This property will not last, calling all investors or visionaries. Location! Location! Location! This home is situation in great serenity neighborhood w/much growth. This home is located minutes away from the Downtown L. A, Chinatown, and the Hollywood/Echo Park/Silver Lake area. Only minutes away from L. A. C. C community college...FANTASTIC hidden gem! The opportunity to own a (3) unit property with possibility or potential to be 4-5 units (ADU) conversion of attached garage below the rear unit. This property will not last, calling all investors or visionaries. Location! Location! Location! This home is situation in great serenity neighborhood w/much growth. This home is located minutes away from the Downtown L. A, Chinatown, and the Hollywood/Echo Park/Silver Lake area. Only minutes away from L. A. C. C community college and the 101 fwy entry. Additionally close to the metro station. Also close to groceries stores/shopping centers and proximity of public schools. Only the rear/back unit will be vacant at the close of escrow no exceptions, and do not ask for more vacancy. The back/rear unit is well taken care of and has a lovely remodel kitchen w/beautiful countertops, chandeliers, breakfast area. This unit has A/C & central heater for the hot summers or cold winter day; plenty of widows for natural light. In addition, this back unit has a small back yard great for the barbecues and w/more potential to let your imagination grow. All the units have individual electrical and gas meters. The property has long driveway and gated; plenty of parking space in between both structures or inside garages (4 individual garages) Garages are only for the use of the owner/seller. The sale of the property is contingent upon seller finding a replacement home to move into, and closing consequently at the same time with the sale of the subject property. Tenants in the front (2) units will remain with the sale of the property, they are paying rent on time without any issues, front 2 units have small front yard (1bed/1bath each; DO NOT DISTURB TENANTS. Subject property is being sold as is where is conditions. Supra lock box installed in the property, see agent remarks for full details. The Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Note: Buyer is advised to verify all information accuracy through personal professionals independently information deemed reliable but not guaranteed. Buyer/Buyers agent are advised to do their due diligence to verify all information provided.
- Listed by Walter Gonzalez • DRE #01838611 • Brokerage DRE #01838611 • Golden Royalty Properties Inc.
Property Details for 533 North Commonwealth Avenue
Zoning
LAR2
StyleContemporary
Parcel Number5539029009
Total Units3.0
Living Area3299
Source Living AreaVendor Enhanced
AreaSilver Lake (671)
Vacancy Rate1/3
Location
LISTING UPDATED: 03/30/2024 09:12 PM
Property Details for 533 North Commonwealth Avenue
Status | Active |
---|---|
MLS # | 23-245161 |
Days on Market | 355 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
Lot Size | 0.17 AC / 7,503 SF |
County | Los Angeles County |
Location
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Building Information for 533 North Commonwealth Avenue
Stories-Residences-Year Built1924Building Size-Lot Size0.17 AC / 7,503 SF
Payment Calculator
$7,798 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 533 North Commonwealth Avenue
Property History for 533 North Commonwealth Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 533 North Commonwealth Avenue
Taxable ValueLand$525,402Additions$328,373Total$853,775
Tax Record2023$10,726 ($894 / month)
Home Facts
Total Finished SqFt3,299 SqFtAbove Grade Finished SqFt3,299 SqFtLot Size7,503 SqFtStyleTriplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5539-029-009
Schools near 533 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 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Dayton Heights Elementary School PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
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.
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