Check Availability
$1,250,000
↓ $100K (7.4%)
Property - For Sale

317 N Commonwealth Ave

Los Angeles, CA 90004
bedrooms
Studio
bathrooms
0 Bath
square feet
1722 Sqft
$6,138
Estimated Monthly
$0
HOA / Fees

About This Property

$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.

The manager has listed the unit size as 1722 square feet.
Unit Size
1,722Ft²
Days on Market
80 days
Land Size
0.17 acres
Price per sqft
$726
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1915
Listed By
Will Tiao
The Collective Realty
Last updated: 2 days ago (CLAWCA #356187)

Price History

Date / Event Date Event Price
Apr 27, 2024 Price Decreased $1,250,000
↓ $100K (7.4%)
Price Decreased
Mar 5, 2024 Price Decreased $1,350,000
↓ $45K (3.2%)
Price Decreased
Feb 8, 2024 Listed by The Collective $1,395,000
Listed by The Collective
Feb 23, 2022 Sold to Caroline Pham $1,150,000
Sold to Caroline Pham

Property Highlights

Air Conditioning
With View
Exterior Details

Exterior Information

Stucco

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
1,278 ft²
$935/ft²
$1,195,000 Oct 30, 2023
-
-
Land
Loft
-
-
$1,299,000 Jan 18, 2024
-
-
House
3 Beds
2 Baths
1,529 ft²
$1,013/ft²
$1,549,000 Feb 2, 2024
-
-
House
3 Beds
1 Bath
1,562 ft²
$832/ft²
$1,299,000 Sep 8, 2023
-
-
Multifamily
5 Beds
3 Baths
1,888 ft²
$821/ft²
$1,550,000 Aug 14, 2022
-
-
House
2 Beds
1 Bath
1,423 ft²
$910/ft²
$1,295,000 Sep 4, 2023
-
-
House
2 Beds
1 Bath
3,058 ft²
$458/ft²
$1,400,000 Jan 4, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

317 North Commonwealth Avenue 317 North Commonwealth Avenue, Los Angeles, CA 90004
  • 1 Unit for Sale
More about this Building
317 North Commonwealth Avenue
Want to find out who owns 317 North Commonwealth Avenue, Los Angeles, CA 90004? Get detailed property transactions here .

About Central LA


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