533 N Commonwealth Avenue, Los Angeles, CA 90004


Square feet


Lot Size


# Of Units

Listing Agent
Walter Gonzalez - Walter Gonzalez, Broker

FANTASTIC hidden gem! The opportunity to own a (3) unit property with possibility or potential to be 4-5 units (ADU) conversion of attached garage below the rear unit. This property will not last, calling all investors or visionaries. Location! Location! Location! This home is situation in great serenity neighborhood w/much growth. This home is located minutes away from the Downtown L.A, Chinatown, and the Hollywood/Echo Park/Silver Lake area. Only minutes away from L.A.C.C community college and the 101 fwy entry. Additionally close to the metro station. Also close to groceries stores/shopping centers and proximity of public schools. Only the rear/back unit will be vacant at the close of escrow no exceptions, and do not ask for more vacancy. The back/rear unit is well taken care of and has a lovely remodel kitchen w/beautiful countertops, chandeliers, breakfast area. This unit has A/C & central heater for the hot summers or cold winter day; plenty of widows for natural light. In addition, this back unit has a small back yard great for the barbecues and w/more potential to let your imagination grow. All the units have individual electrical and gas meters. The property has long driveway and gated; plenty of parking space in between both structures or inside garages (4 individual garages) Garages are only for the use of the owner/seller. The sale of the property is contingent upon seller finding a replacement home to move into, and closing consequently at the same time with the sale of the subject property. Tenants in the front (2) units will remain with the sale of the property, they are paying rent on time without any issues, front 2 units have small front yard (1bed/1bath each; DO NOT DISTURB TENANTS. Subject property is being sold as is where is conditions. No low offers will be contemplated. Supra lock box installed in the property, see agent remarks for full details. The Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Note: Buyer is advised to verify all information accuracy through personal professionals independently information deemed reliable but not guaranteed. Buyer/Buyers agent are advised to do their due diligence to verify all information provided.

Facts & Features

MLS® # 23245161
Price $1,300,000
Bathrooms 0.00
Square Footage 3,299
Lot Size 7,503
Year Built 1924
Type Residential Income
Style Contemporary
Status Active
# Of Units 3

Community Information

Address 533 N Commonwealth Avenue
Area C21 - Silver Lake - Echo Park
City Los Angeles
County Los Angeles
State CA
Zip Code 90004


Parking Spaces 4
Parking Door-Multi, Driveway, Garage, Gated
Garages Door-Multi, Driveway, Garage, Gated
Is Waterfront No
Has Pool No


Interior Carpet, Laminate
Appliances Dishwasher, Dryer
Heating Wall Furnace
Has Basement No
Fireplace No


Roof Shingle, Tile

Additional Information

Date Listed February 28th, 2023
Days on Market 30
Zoning LAR2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentWalter Gonzalez
OfficeWalter Gonzalez, Broker

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?