1139 N COMMONWEALTH Avenue, Los Angeles, CA 90029

About this property

COMMONWEALTH 1139, a newly renovated Spanish 4-Plex featuring mature succulent gardens, fruit trees, grape vines, original details, modern upgrades and huge cash flow. Prime Eastside location at the intersection of Silver Lake, Virgil Village and Los Feliz.This unique income property provides many options for the new owner. Perfect for 1031 Exchange buyer looking for great cash flow from an optimized and professionally managed property. Or an owner-user can live in the fully furnished owner's loft and let the rental income cover their mortgage. In addition, there is upside potential from 2 units leased under market.

Listing description from the September 2017 sale, as reported to CRMLS.

Sale history

$2,193,750

Sold September 2017 · listed $2,275,000, orig. $2,350,000, on market June 2017 · MLS #17238062 · Source: CRMLS

Listing Agent: Nicholas Fichera · Listing Office: Figure 8 Realty · Contact: 213-537-0114 · Bought with: Beatrice Harendza · Re/Max Tri-City Realty

$1,525,000

Sold February 2016 · listed $1,495,000, on market November 2015 · MLS #15955883 · Source: CRMLS

Listing Agent: Deirdre Salomone · Listing Office: Keller Williams Rlty Los Feliz · Contact: 323-300-1000 · Bought with: Nicholas Fichera · Figure 8 Realty

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