$ 1,300,000
-
$1,300,000
Price -
3
Bed -
1
Bath -
962
SqFt
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About the Listing SR207022206 - F207015956
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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Residential
MLS ®
SR26105020
Year Built
1911
Total Square Footage
962
Lot/Acreage
0.14
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Electric,Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Unfinished Walls
- Water: Public
Exterior Details
- Lot Description: Rectangular Lot,Street Level,Value In Land,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 6250
- Zoning: R2-1XL
- Roof:
- Others: Fixer,Frame,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5542025030
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1127 N Commonwealth Ave Los Angeles, CA 90029
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