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1128 N Commonwealth Avenue, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath

1128 N Commonwealth Avenue, Los Angeles, California 90029 home-pic-0
ACTIVE$1,190,000
1128 N Commonwealth Avenue, Los Angeles, California 90029
0Bed
0Bath
2,638Sqft
6,006Lot
Year Built
1912
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
BB25061620
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.19M(50th), sqft - 2638(33th), beds - undefined(50th), baths - undefined(50th).

Discover this prime Silver Lake duplex, ideally situated just steps from the vibrant Sunset Boulevard, where an array of exceptional coffee shops, boutiques, and eateries, including the popular Erewhon, await. This upgraded property presents an incredible opportunity with significant potential for additional income. The front unit boasts three spacious bedrooms and two modern bathrooms, featuring contemporary flooring and a generously sized kitchen, perfect for both entertaining and everyday living. The rear unit offers a tranquil two-bedroom, one-bathroom layout, ensuring ample privacy for its occupants. Enhancing the property’s versatility, the two-car garage has been thoughtfully converted into additional living space, providing endless possibilities for use. A detached full bathroom adds convenience and functionality for both units. With over 2,600 square feet of rentable space on a generous 6,000-square-foot lot, this property also presents the opportunity to add an Accessory Dwelling Unit (ADU), further enhancing its investment potential. This is a rare find in a highly sought-after location—don’t miss your chance to own this remarkable duplex.

Nearby schools

/10
Lexington Avenue Primary Center
Public,•K-2•0.2mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.3mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.7mi
3/10
Ramona Elementary School
Public,•K-6•0.8mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•0.9mi
5/10
Kingsley Elementary School
Public,•K-5•1.0mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.2mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•1.3mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.4mi
3/10
Harvard Elementary School
Public,•K-5•1.5mi
4/10
Grant Elementary School
Public,•K-6•1.7mi
5/10
Cahuenga Elementary School
Public,•K-5•1.9mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.9mi
6/10
Charles H. Kim Elementary School
Public,•K-5•2.0mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.4mi
5/10
Virgil Middle School
Public,•6-8•1.3mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.9mi
4/10
Young Oak Kim Academy
Public,•6-8•2.0mi
7/10
John Burroughs Middle School
Public,•6-8•3.6mi
8/10
John Marshall Senior High School
Public,•9-12•1.2mi
4/10
Helen Bernstein High School
Public,•9-12•1.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•2.3mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.3mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.3mi
3/10
Belmont Senior High School
Public,•9-12•2.5mi
6/10
Hollywood Senior High School
Public,•9-12•3.1mi
7/10
Fairfax Senior High School
Public,•9-12•4.4mi

Price History

Date
Event
Price
09/18/03
Sold
$375,000
12/05/02
Sold
$55,000
Condition Rating
Good
Despite being built in 1912, the property has undergone significant upgrades, as highlighted by the description mentioning 'modern bathrooms' and 'contemporary flooring' in the front unit. The kitchen features updated white shaker-style cabinets and contemporary wood-look tile flooring, making it functional and aesthetically pleasing. While some elements like the dining area chandeliers retain an older style, the overall condition suggests the property is move-in ready with no immediate renovations required, aligning with a 'Good' rating. The major systems are likely functional due to the described upgrades, even if not all components are brand new.
Pros & Cons

Pros

Exceptional Silver Lake Location: Ideally situated just steps from the vibrant Sunset Boulevard, offering immediate access to high-demand amenities, dining, and entertainment, enhancing lifestyle and rental appeal.
Significant Income & ADU Potential: As an upgraded duplex with a generous 6,000 sqft lot, it offers immediate rental income and the clear opportunity to add an Accessory Dwelling Unit (ADU), maximizing investment returns.
Upgraded & Versatile Living Spaces: Features modern upgrades in the front unit, a private rear unit, and a thoughtfully converted garage providing flexible additional living space.
Generous Lot Size: A 6,000 sqft lot provides ample outdoor space and supports the potential for future expansion or ADU development, which is rare for the area.
Desirable Residential Income Property: A well-located duplex in a highly sought-after area like Silver Lake is a strong asset for investors or owner-occupiers seeking rental income.

Cons

Age of Construction: Built in 1912, the property may present ongoing maintenance challenges associated with older infrastructure, even with reported upgrades, which could lead to unexpected costs.
Converted Garage Legality/Permitting: The 'thoughtfully converted' garage, while offering versatility, may require verification of permits and compliance as legal living space, which could impact financing or future resale.
Limited Dedicated Parking: With the garage converted into living space, there's a potential lack of dedicated off-street parking for two units, which can be a significant drawback in a dense urban area like Silver Lake.

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