317 N Commonwealth Avenue

Los Angeles, CA 90004

PRICE REDUCED

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-$100,000 (-7.41%)

$1,250,000

List Price

5

bed Beds

4

shower Baths

1,722 sqft

straighten / sqft

1915

calendar_month Built

Open Houses

Next available: Sunday, November 24th, 2024 1:00 pm - 4:00 pm

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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.***

Listing Information

List Price $1,250,000
Status Active
MLS 24449743
Type Residential Income
Year Built 1915
Lot Size 7,503
Structure Size 1,722
DOM 46
Courtesy Of Keller Williams Beverly Hills
Listing Agent Robert Howell DRE#01229400

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Robert Howell, Keller Williams Beverly Hills 818-506-4567. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 22nd, 2024 at 7:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.