Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

1,798 sqft

Lot size

7,506 sqft

Year built

1921

Stories

0

Style

Bungalow

Cooling

None

View

None

Status

Active

Days on market

8

MLS #

248367749

About this property

This property is located in the rapidly growing Virgil Village neighborhood, right on the edge of Silver Lake. This fixer duplex features two homes on one lot. The back home, a one bedroom unit, is currently vacant, while the other unit is tenant occupied. The foundation needs repairs, and there is no on-site parking. There is also an opportunity to purchase two adjoining lots together, totaling apx 13,012 sq. ft. The adjacent property at 441 N. Commonwealth Ave. is a single family home situated on a 5,506 sq. ft. lot, offered at $850,000. Total asking price for both properties: $1,650,000.

Location

447 N Commonwealth Avenue

Los Angeles, Los Angeles, CA, 90004