1127 N Commonwealth AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25178837
Year Built 1911
Annual Tax Amount $4,917
Lot Size 6,250 Sqft
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning R2-1XL
Interior
Heating Electric,Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Outside
Exterior
Fence Privacy
Pool None
Community Features Curbs,Sidewalks,Urban
Utilities Available Natural Gas Available,Sewer Available
View Y/N No
View None
Building
Lot Description Rectangular Lot,Street Level,Value In Land,Yard
Story 1
Foundation Combination,Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard