317 N Commonwealth Ave, Los Angeles, CA 90004

VACANT DUPLEX ON HUGE LOT This duplex is turnkey, vacant and located Mid-Wilshire/Silverlake Adjacent. Gated property with two units, 5 bedrooms and four bathrooms, two laundry rooms, two aircon units, solar panels owned by the property outright and over 10 parking spots on the property. Its on a HUGE lot with 7500 square feet of exterior space and is zoned for commercial/residential-MR1 zoning. You can also build two more ADUs on this lot under current zoning laws. This is the best investment opportunity in town, perfect for a primary residence with rental income. But wait, theres more...this property has an assumable FHA loan with an interest rate of 3.25%. It also qualifies for a $20k grant toward the down payment if you work with City National Bank and it qualifies for a $7500 grant toward closing costs through Chase Bank. There are no other investment properties like this on the market. Did I mention its vacant on a huge lot? Reach out for more information about rental income opportunities. This lot is like no other on the market. Dont wait on this one. Its going off the market very soon.