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Sandra Lucas

[email protected] +1(925) 464-8400

$ 1,250,000

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Open Sun 12PM-3PM

317 N Commonwealth Avenue Los Angeles, CA 90004

5 Beds

3 Baths

1,722 SqFt

OPEN HOUSE

Sun Mar 02, 12:00pm - 3:00pm

UPDATED:

02/25/2025 11:02 PM

Key Details

Property Type Commercial

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $725

MLS Listing ID CRPV25025094

Bedrooms 5

Full Baths 2

Half Baths 2

HOA Y/N No

Year Built 1915

Lot Size 7,500 Sqft

Acres 0.1722

Property Sub-Type Duet

Property Description

Located in a convenient Los Angeles location this duplex, comprised of a 3 bed, 2 bath unit and a 2 bed, 2 bath unit, sits on a huge lot with plenty of opportunity for investors looking for rental income, to do a 1031 exchange or to build their business. This is more than just a propertyâ€”itâ€™s a canvas for an investor with vision. The MR1 zoning allows for a range of uses, from commercial ventures like banks, clinics, and offices, to dynamic spaces such as a recreation facility, or a restaurant. If you choose to maintain the property as residential, the lot also offers the possibility to build 2 additional ADUs, further enhancing income potential. Each unit has 2 bathrooms, updated kitchens, updated bathrooms, each unit has its own laundry room and more than enough off-street gated parking. Whether youâ€™re an investor looking to reimagine the space or someone seeking a unique live/work solution, the potential here is limitless. Between Silver Lake, Echo Park, and Koreatown, all with amazing restaurants and shops, and easy access to major freeways, this location offers the perfect mix of convenience, visibility, and growth potential. This is not a typical investmentâ€”itâ€™s an opportunity for those who think beyond the ordinary, who see the potential to build something impact

Location

State CA

County Los Angeles

Zoning LAMR

Interior

Interior Features Kitchen/Family Combo, Breakfast Bar, Stone Counters

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range

Laundry Gas Dryer Hookup, Laundry Room, Other

Exterior

Exterior Feature Front Yard, Other

Pool None

View Y/N false

View None

Total Parking Spaces 10

Private Pool false

Building

Lot Description Level, Other, Street Light(s), Storm Drain

Story 1

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One Story

New Construction No

Schools

School District Los Angeles Unified

Others

Tax ID 5501003011

Virtual Tour https://www.youtube.com/watch?v=MLRkTeQkJiQ

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Jessiqa Pace • Compass

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

Sandra Lucas

317 N Commonwealth Avenue Los Angeles, CA 90004

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Schools

Others

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317 N Commonwealth Avenue