Active

533 N Commonwealth Ave

Los Angeles CA, 90004

$1,265,000


$383.45 per sqft

Active

4 Beds

3,299 sqft

Residential

Built in 1924

FANTASTIC hidden gem! The opportunity to own a (3) unit property with possibility or potential to be 4-5 units (ADU) conversion of attached garage below the rear unit. This property will not last, calling all investors or visionaries. Location! Location! Location! This home is situation in great serenity neighborhood w/much growth. This home is located minutes away from the Downtown L.A, Chinatown, and the Hollywood/Echo Park/Silver Lake area. Only minutes away from L.A.C.C community college and the 101 fwy entry. Additionally close to the metro station. Also close to groceries stores/shopping centers and proximity of public schools. Only the rear/back unit will be vacant at the close of escrow no exceptions, and do not ask for more vacancy. The back/rear unit is well taken care of and has a lovely remodel kitchen w/beautiful countertops, chandeliers, breakfast area. This unit has A/C & central heater for the hot summers or cold winter day; plenty of widows for natural light. In addition, this back unit has a small back yard great for the barbecues and w/more potential to let your imagination grow. All the units have individual electrical and gas meters. The property has long driveway and gated; plenty of parking space in between both structures or inside garages (4 individual garages) Garages are only for the use of the owner/seller. The sale of the property is contingent upon seller finding a replacement home to move into, and closing consequently at the same time with the sale of the subject property. Tenants in the front (2) units will remain with the sale of the property, they are paying rent on time without any issues, front 2 units have small front yard (1bed/1bath each; DO NOT DISTURB TENANTS. Subject property is being sold as is where is conditions. Supra lock box installed in the property, see agent remarks for full details. The Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Note: Buyer is advised to verify all information accuracy through personal professionals independently information deemed reliable but not guaranteed. Buyer/Buyers agent are advised to do their due diligence to verify all information provided.

23-245161

MLS ID

February 28, 2023

Listed

April 5, 2024

Updated

Map

533 N Commonwealth Ave
Los Angeles CA, 90004

Interior Features

Total Stories

0


Bedrooms

4 Beds


Appliances

Dishwasher, Range/Oven, Gas Dryer Hookup, Dryer


Floor Description

Ceramic Tile, Laminate, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Air Conditioning


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.17 Acres


Architectual Style

Contemporary


Roof

Shingle, Tile


Sewer

In Street Paid, In Street

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

336


Garage

Yes


Parking

Driveway, Garage Is Attached, Garage - 3 Car, Gated


Parking Total

4


View

No


County

Los Angeles


Water Source

District


Pool

No


Zoning

LAR2

Listed by Walter Gonzalez with Golden Royalty Properties Inc.
Listing Contact: 213-514-4234 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/5/2024

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