317 N Commonwealth Ave Active

Los Angeles,CA 90004

$ 1250000

5 Beds

4 Baths

1722 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $725

MLS Listing ID 24-449743

Bedrooms 5

Year Built 1915

Lot Size 7,503 Sqft

Acres 0.1722

Property Description

Discover a unique opportunity to own a beautifully renovated, income-producing property in the heart of Koreatown! Perfect for both owner-occupancy and rental income potential. Each unit boasts upgraded kitchens and baths, brand new appliances, sleek flooring, and stylish stucco finishes. With solar panels and a new HVAC system, this duplex is as energy-efficient as it is beautiful. The open floor plan floods with natural light, while lush greenery provides an oasis of calm. Outside, you'll find a 6-car parking lot, making it ideal for tenants or large families, plus the exciting potential for an ADU to further increase rental income. The property is gated and tucked away on a cul-de-sac in a safe, school neighborhood. With a sprawling outdoor area perfect for pets or play, this property is ideal for a growing family. Delivered vacant, it's a perfect starter home with serious potential for passive income. Seize this chance to live in style while generating rental income! ***3.25% assumable FHA loan for the qualified buyer.***

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAMR1

Rooms

Other Rooms None

Interior

Heating Other

Cooling Central

Equipment Dishwasher, Refrigerator

Exterior

Garage Parking Space

Garage Spaces 6.0

Building

Level or Stories One

Others

Special Listing Condition Standard

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