There are multiple listings for this address:
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 or to build their business. This is more than just a property—it’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 you’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 investment—it’s an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable.
Schedule a showing today and begin envisioning the possibilities.
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 you’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 investment—it’s an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable.
Schedule a showing today and begin envisioning the possibilities.
Property Details
Price:
$1,250,000
MLS #:
PV25024802
Status:
Active
Baths:
0
Address:
317 N Commonwealth Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Jan 23, 2025
State:
CA
ZIP:
90004
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1915
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Appliances
Dishwasher, Gas Range, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central
Interior Features
Granite Counters, Open Floorplan, Recessed Lighting
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Fencing
Block, Security, Wood, Wrought Iron
Garage Spaces
0.00
Green Energy Generation
Solar
Lot Features
0-1 Unit/ Acre, Front Yard, Lawn, Level, Paved, Yard
Parking Features
Carport, Covered, Driveway, Paved, Gated, Parking Space, Private, R V Access/ Parking, R V Potential
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, Gas, Telephone
Map
Community
- Address317 N Commonwealth Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Similar Listings Nearby
- 3209 Andrita Street
Los Angeles, CA$1,600,000
3.70 miles away
- 2700 James M Wood Boulevard
Los Angeles, CA$1,600,000
1.50 miles away
- 1212 S Tremaine Avenue
Los Angeles, CA$1,600,000
3.47 miles away
- 1235 E 24th Street
Los Angeles, CA$1,600,000
4.28 miles away
- 747 N Wilton Place
Los Angeles, CA$1,600,000
1.68 miles away
- 1623 W 39th Place
Los Angeles, CA$1,600,000
4.58 miles away
- 1611 Cesar Chavez
Los Angeles, CA$1,600,000
4.25 miles away
- 1323 W Jefferson Boulevard
Los Angeles, CA$1,600,000
3.60 miles away
- 6410 La Mirada
Los Angeles, CA$1,600,000
2.71 miles away
- 1812 N Wilton Place
Los Angeles, CA$1,600,000
2.41 miles away
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
317 N Commonwealth Avenue
Los Angeles, CA
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 or to build their business. This is more than just a property—it’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 you’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 investment—it’s an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable.
Schedule a showing today and begin envisioning the possibilities.
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 you’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 investment—it’s an opportunity for those who think beyond the ordinary, who see the potential to build something impactful and profitable.
Schedule a showing today and begin envisioning the possibilities.
Property Details
Price:
$1,250,000
MLS #:
PV25025094
Status:
Active
Beds:
5
Baths:
4
Address:
317 N Commonwealth Avenue
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Jan 23, 2025
State:
CA
Finished Sq Ft:
1,722
ZIP:
90004
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1915
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Appliances
Dishwasher, Gas Range, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central
Interior Features
Granite Counters, Open Floorplan, Recessed Lighting
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Fencing
Block, Security, Wood, Wrought Iron
Garage Spaces
0.00
Green Energy Generation
Solar
Lot Features
0-1 Unit/ Acre, Front Yard, Lawn, Level, Paved, Yard
Parking Features
Carport, Covered, Driveway, Paved, Gated, Parking Space, Private, R V Access/ Parking, R V Potential
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Map
Community
- Address317 N Commonwealth Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Similar Listings Nearby
- 1068 El Paso Drive
Los Angeles, CA$1,625,000
4.89 miles away
- 3913 S Budlong Avenue
Los Angeles, CA$1,609,000
4.36 miles away
- 1717 Crenshaw Boulevard
Los Angeles, CA$1,609,000
3.44 miles away
- 3223 Perlita Avenue
Los Angeles, CA$1,600,000
3.19 miles away
- 6327 Gilday Drive
Los Angeles, CA$1,599,999
3.53 miles away
- 2021 Miramar Street
Los Angeles, CA$1,599,999
1.27 miles away
- 2249 Shoredale Avenue
Los Angeles, CA$1,599,999
3.03 miles away
- 2215 Wellington Road
Los Angeles, CA$1,599,900
4.05 miles away
- 2838 Lambert Drive
Los Angeles, CA$1,599,900
3.41 miles away
- 1878 Lucretia Avenue
Los Angeles, CA$1,599,000
2.10 miles away
LIGHTBOX-IMAGES