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Property Description

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.

Features
: Central
: Central Air
: City Lights
1
: Individual Room, Dryer Included, Washer Included
0
: Bungalow
Additional Information
The Collective Realty
0
CLW-C108138
CLW-X80543
Will
5501003011
: Standard
One
32

Multi-Family For Sale

319 Commonwealth Avenue, Los Angeles, California 90004

1,722 Sqft
$1,235,000
Listing ID #24404953
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24404953
Price : $1,235,000
Living Area : 1,722 Sqft
Lot Size : 7,503 Sqft
Year Built : 1915
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90004
Price Per Square Foot : $717
ModificationTimestamp : 2024-06-25 05:13:03
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