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    1143 N Commonwealth Ave

    Los Angeles, CA 90029
    • $1,525,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 21-770582
    Price Reduced
    UPDATED: 53 min ago
    $1,525,000
    • 4
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,148
      SQFT
    • $484
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Great 1920s 4-plex in fantastic Silver Lake location, close to numerous shops and restaurants. Each unit is a spacious 1 bed/1 bath + laundry room. Three units are rented with one vacant, creating a possible owner/user opportunity or purely income play. Ample parking via a gated driveway that leads to a carport with 5 stalls plus 1 additional uncovered parking spot. Most units have original hardwood floors, and the property has been well maintained. Located near the Sunset Junction, residents have easy access to public transit, the Silver Lake reservoir, Griffith Park, downtown LA and much more.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T11:42:39.033. 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.
    www.desertarealuxuryhomes.com/homes/120234721
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    1143 N Commonwealth Ave Los Angeles, CA 90029

    • Price: $1,525,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 21-770582
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,148
    SQFT
    $484
    $/SQFT
    1925
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Great 1920s 4-plex in fantastic Silver Lake location, close to numerous shops and restaurants. Each unit is a spacious 1 bed/1 bath + laundry room. Three units are rented with one vacant, creating a possible owner/user opportunity or purely income play. Ample parking via a gated driveway that leads to a carport with 5 stalls plus 1 additional uncovered parking spot. Most units have original hardwood floors, and the property has been well maintained. Located near the Sunset Junction, residents have easy access to public transit, the Silver Lake reservoir, Griffith Park, downtown LA and much more.
    Exterior Features

    Carport Spaces Total 5 Covered Parking 5 Lot Size Area 6250 Other Structures None Parking Garage CarportGated Pool Description None Pool YN No Spa None Spa YN No Total Parking 6

    Interior Features

    Baths Total 4.00 Cooling None Equipment WasherDryerRefrigeratorRange/Oven Heating Wall Laundry In Unit

    Property Features

    Assessed Total Value 65892 Gross Income 85632 Gross Operating Income 85632 Insurance Expense 2572.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 73070.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 6943.65 Type Of Units 1 Bd/1Ba Water Expense 1571.00 Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Chase Campen DRE#01323112 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T11:42:39.033. 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.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260