1127 N Commonwealth AVE new

Los Angeles,CA 90029

$ 1300000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25178837

Construction Status Fixer

HOA Y/N No

Year Built 1911

Annual Tax Amount $4,917

Lot Size 6,250 Sqft

Lot Dimensions Assessor

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

Interior Features Unfinished Walls

Heating Electric,Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

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

Private Pool No

Building

Lot Description Rectangular Lot,Street Level,Value In Land,Yard

Story 1

Entry Level One

Foundation Combination,Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5542025030

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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