Incredible investor opportunity nestled in vibrant and eclectic East Hollywood, just a few memorable moments from Silver Lake and Virgil Village, where creativity meets culture amid indie cafés, local art spaces, hip hangouts, and ongoing redevelopment buzz. This unique multi-family property is identified as a triplex but currently has only one habitable unit—simple, basic and unrefined, with no recent upgrades. Two additional units are unfinished—one down to the studs, the other enclosed with walls but without interior finishes. Set on a gated and shaded 6,250 sq. ft. lot, the home’s natural canopy of mature shade trees helps keep bedrooms cool and adds to its peaceful charm. A blank canvas with outstanding potential for restoration, expansion, redevelopment, or the addition of value-add units. Nearby properties have undergone similar transformations, making this a strong opportunity for visionary buyers or developers with the means to unlock its income potential. Property offered as-is. Buyer to perform all due diligence and independent verification.
Property Details
Price:
$1,300,000
MLS #:
SR25178837
Status:
Active
Baths:
0
Address:
1127 N Commonwealth Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Aug 5, 2025
State:
CA
ZIP:
90029
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1911
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
None
Cooling
Wall/ Window Unit(s)
Heating
Electric, Wall Furnace
Laundry Features
Outside
Exterior
Community Features
Curbs, Sidewalks, Urban
Construction Materials
Frame
Parking Spots
0.00
Financial
Taxes
$4,917
Map
Community
- Address1127 N Commonwealth Avenue Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
Similar Listings Nearby
- 3171 W 11th Street
Los Angeles, CA$1,690,000
3.09 miles away
- 1103 S Hobart Boulevard
Los Angeles, CA$1,690,000
3.05 miles away
- 1056 S Serrano Avenue
Los Angeles, CA$1,680,000
3.04 miles away
- 1342 S Bronson Avenue
Los Angeles, CA$1,675,000
3.87 miles away
- 6154 Fountain Avenue
Hollywood, CA$1,650,000
2.20 miles away
- 250 S Carondelet Street
Los Angeles, CA$1,650,000
1.87 miles away
- 1304 N Citrus Avenue
Los Angeles, CA$1,650,000
3.07 miles away
- 3042 Royal Street
Los Angeles, CA$1,650,000
4.61 miles away
- 1959 S La Salle Avenue
Los Angeles, CA$1,650,000
3.79 miles away
- 1432 Fairbanks Place
Los Angeles, CA$1,650,000
1.98 miles away

1127 N Commonwealth Avenue
Los Angeles, CA
LIGHTBOX-IMAGES