About 1127 N Commonwealth Avenue, Los Angeles, California, 90029
Incredible investor opportunity nestled in vibrant and eclectic East Hollywood, just a few memorable moments from Silver Lake and Virgil Village, where creativity meets culture amid indie cafés, local art spaces, hip hangouts, and ongoing redevelopment buzz. This unique multi-family property is identified as a triplex but currently has only one habitable unit—simple, basic and unrefined, with no recent upgrades. Two additional units are 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 home’s natural canopy of mature shade trees helps keep bedrooms cool and adds to its peaceful charm. A blank canvas with outstanding potential for restoration, expansion, redevelopment, or the addition of value-add units. Nearby properties have undergone similar transformations, making this a strong opportunity for visionary buyers or developers with the means to unlock its income potential. Property offered as-is. Buyer to perform all due diligence and independent verification.
Electric: Standard
Sewer: Public Sewer
Water Source: Public
Lot Features: Level with Street, Rectangular Lot, Value In Land, Yard
Fencing: Privacy
Property Condition : Fixer
Number Of Buildings: 3
Road Frontage: City Street
Road Surface: Paved
Parcel Identification Number: 5542025030
Cooling: Has Cooling
Heating: Has Heating
Heating Type: Electric, Wall Furnace
Cooling Type: Wall/Window Unit(s)
Construction: Frame
Year Built Source: Assessor
Fireplace Features : None
Common Walls: No Common Walls
Appliances: None
Laundry Features: Outside
Laundry: Has Laundry
Zoning: R2-1XL
MLSAreaMajor: C21 - Silver Lake - Echo Park
Electric: Standard
Sewer: Public Sewer
Water Source: Public
Lot Features: Level with Street, Rectangular Lot, Value In Land, Yard
Fencing: Privacy
Property Condition : Fixer
Number Of Buildings: 3
Road Frontage: City Street
Road Surface: Paved
Parcel Identification Number: 5542025030
Cooling: Has Cooling
Heating: Has Heating
Heating Type: Electric, Wall Furnace
Cooling Type: Wall/Window Unit(s)
Construction: Frame
Year Built Source: Assessor
Fireplace Features : None
Common Walls: No Common Walls
Appliances: None
Laundry Features: Outside
Laundry: Has Laundry
Zoning: R2-1XL
MLSAreaMajor: C21 - Silver Lake - Echo Park

Street Address: 1127 N Commonwealth Avenue
City: Los Angeles
State: California
Postal Code: 90029
County: Los Angeles
Directions: From the 101 Fwy, exit at Vermont Ave. Head south on Vermont, then turn right on Santa Monica Blvd. Turn left onto N Commonwealth Ave. Property is on the right, between Lexington Ave and Santa Monica Blvd.

Property Information :
Listing Status: Active
Size: 962 Sqft
Lot Size: 0.14 Acres
MLS #: SR25178837
Price: $1,300,000
Tax Amount: 4917.00
Construction Status: Built in 1911
Last Modified : Dec 13 2025 1:46AM
Amenities :
Fence

Courtesy of: Robert Zaldana, Berkshire Hathaway HomeService (MLS# SR207022206)
Source MLS: CRMLS