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317 N Commonwealth Ave Los Angeles, CA, 90004
$1,250,000 $100,000 Home for sale 5 beds 1,722 sqft
$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.
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Property details
1,722 sqft interior area
Property type
Home
Interior area
1,722 sqft
View
City Lights
Land area
7,405 sqft (0.17 acres)
Price per sqft
$725/sqft
Days on Verhouse
102
Address
317 N Commonwealth Ave, Los Angeles, CA, 90004
City of California
Los Angeles
County
Los Angeles
Previous price
$1,350,000
nr.of parking places
6
Year Built
1915
District
Listing
Open Houses
No upcoming open houses
Interior Features
6 parking places
Beds
5
Parking
6
Garage & Parking
Other
Laundry Features
Dryer, Laundry Room, Washer
Heathing & Cooling
Central Air, Central
Amenities
Other
Listed by
Will Tiao, The Collective Realty
Name
Will Tiao
License number
01918965
Brokerage company
The Collective Realty
MLS #
CL24356187
Payment calculator
Calculate your monthly payments
Mortgage
$3,838
Taxes
$0
HOA dues
$0
Mortgage
$250,000 / 20%
2.28%
30 years
Your amount
$3,838 / month
Exterior Features
Stucco construction and more
Utilities
Other Water/Sewer
Construction
Stucco
Yard
Front Yard, Other
Lot details
TMK #5501003011
Lot Description
Other, Front Yard, Landscape Misc
Parcel nr.
5501003011
90004 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90004
39%
Families with children
National average: 39%
53%
Non family households
728,221
Population
$73,119
Average Income
Age & gender
Median age 35 years
More info
Commute types
63% commute by car
More info
Education level
25% have bachelor education
More info
Number of employees
1% work in retail trade
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$1.46m
Neighborhood average
sales price*
sales price*
$1.12m
Neighborhood median
sales price*
sales price*
641
Number
of sales*
of sales*
Housing type
43% are apartments
More info
Rooms
39% of the houses have 2 or 3 rooms
More info
Bedrooms
36% have 2 or 3 bedrooms
More info
Owners vs Renters
84% are renters
More info
16.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Apr 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 24, 2024 | Price Decrease | $1,250,000 -7.41% | 725.9 | MLS #CL24356187 |
| Mar 3, 2024 | Price Decrease | $1,350,000 -3.23% | 783.97 | MLS #CL24356187 |
| Feb 8, 2024 | New Listing | $1,395,000 | 810.1 | MLS #CL24356187 |
Taxes of 317 N Commonwealth Ave, Los Angeles, CA, 90004
LAMR zoning / MLS #CL24356187
Zoning
LAMR
Agent viewpoints of 317 N Commonwealth Ave, Los Angeles, CA, 90004
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Frequently Asked Questions about 317 N Commonwealth Ave
What is 317 N Commonwealth Ave?
317 N Commonwealth Ave, Los Angeles, CA, 90004 is a single family home located in the city of Los Angeles, California with zipcode 90004. This single family home has 5 bedrooms with an interior area of 1,722 sqft.
Which year was this home built?
This home was build in 1915.
What is the full address of this Home?
317 N Commonwealth Ave, Los Angeles, CA, 90004.
Are grocery stores nearby?
The closest grocery stores are Vons 2261, 0.58 miles away and El C Lollo Meat Market, 0.6 miles away.
What is the neighborhood like?
The 90004 zip area has a population of 728,221, and 39% of the families have children. The median age is 35.45 years and 63% commute by car. The most popular housing type is "apartment" and 84% is renter.
Based on information from the bridgeMLS as of 05-19-2024. 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.
Listing last updated on: Apr 25, 2024
Verhouse Last checked 8 minutes ago
The closest grocery stores are Vons 2261, 0.58 miles away and El C Lollo Meat Market, 0.6 miles away.
The 90004 zip area has a population of 728,221, and 39% of the families have children. The median age is 35.45 years and 63% commute by car. The most popular housing type is "apartment" and 84% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
