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1127 N Commonwealth Ave, Los Angeles, CA, 90029

3beds
1baths
962sqft
$1,300,000
$1,351price/sqft
$8,598/moest. monthly cost
$343,920/yrincome needed

About This Home

Unique redevelopment and restoration opportunity nestled in vibrant and eclectic East Hollywood, just moments from Silver Lake and Virgil Village, where creativity meets culture amid indie cafés, local art spaces, hip hangouts, and ongoing neighborhood transformation. This distinctive multi-structure property is identified as a triplex but currently has only one habitable unit—simple, basic, and unrefined, with no recent upgrades. Two additional detached structures were partially opened for renovation work but remain 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 property’s mature canopy of trees creates a surprisingly peaceful and private environment rarely found in the surrounding urban landscape. A blank canvas with outstanding potential for restoration, reimagining, expansion, creative live/work use, or future redevelopment possibilities. Nearby properties have undergone notable transformations, contributing to the area’s growing architectural and lifestyle appeal while creating a unique opportunity for buyers seeking a property with vision and long-term potential. Property offered as-is. Buyer to perform all due diligence and independent verification regarding permits, zoning, unit configuration, and future use potential.

Getting Around

92
WalkingWalker's Paradise
69
TransitGood Transit
82
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Fixer
  • Year built: 1911

Materials

  • Foundation: Combination,Raised
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Outside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Unfinished Walls
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 962 sqft

Property

Details

  • Parcel number: 5542025030
  • Lease amount: 0
  • Zoning: R2-1XL
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Fencing: Privacy
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,250 sqft
  • Features: Rectangular Lot,Street Level,Value In Land,Yard
  • Lot size dimensions: 6250