317 North Commonwealth Avenue
$1,250,000
5
4
1,722
1,722
$726
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...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.
- Listed by Robert Howell • DRE #01229400 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
Property Details for 317 North Commonwealth Avenue
Zoning
LAMR1
Parcel Number5501003011
Total Units2.0
Living Area1722
Source Living AreaVendor Enhanced
AreaMid-Wilshire (C17)
Vacancy Rate0
Lot Size Area7503
LISTING UPDATED: 11/22/2024 11:06 AM
Property Details for 317 North Commonwealth Avenue
Status | Active |
---|---|
MLS # | 24-449743 |
Days on Market | 57 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.17 AC / 7,503 SF |
County | Los Angeles County |
Building Information for 317 North Commonwealth Avenue
Stories-Residences-Year Built1915Building Size-Lot Size0.17 AC / 7,503 SF
Property Information for 317 North Commonwealth Avenue
Property History for 317 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 317 North Commonwealth Avenue
Taxable ValueLand$832,320Additions$364,140Total$1,196,460
Tax Record2024$14,770 ($1,231 / month)
Home Facts
Total Finished SqFt1,722 SqFtAbove Grade Finished SqFt1,722 SqFtLot Size7,500 SqFtStyleDuplexYear Built1915ZoningLAMR1CountyLOS ANGELESAPN5501-003-011
Schools near 317 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 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Camino Nuevo Dalzell Lance Charter9 to 12 |
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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