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220 South Commonwealth Avenue, Los Angeles, CA 90004
$2,870,000
220 South Commonwealth Avenue, Los Angeles, CA 90004View this property at 220 South Commonwealth Avenue, Los Angeles, CA 90004
220 South Commonwealth AvenueLos AngelesCA90004
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Property Description
Back on the market! Major price Reduction $200,000. Good opportunity hard to find in the current real estate market. Tremendous upside potential. Current rent is below market. The property consists of 2 2bed 1bath, 12 1bed 1bath & 10 Single 1bath, great mix of units. It is located in the edge of Korea Town and close to Silver Lake in the Mid Wilshire area. Very well maintained building. This property is being sold "as is". Please do not walk onto the property. All the utilities are paid by the Landlord and it's under Rent Control.
Full Property Details
Full Property Details for 220 S Commonwealth Ave
General
- Sold For: $2,870,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SR13107560
- Added to Site: 3, 980 day(s) ago
Rooms
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: No Pool
Location
- County: Los Angeles
- Driving Directions: From 101, Exit (5B) Silver Lake Blvd, South on Silver Lake, Left on Virgil, slight Left onto Beverly Blvd., Right Commonwealth Ave, Property on Left
Utilities
- Sewer: In Street, In Street, In Street
- Water: Public, Water District
Structural Information
- # Buildings: 1
- Square Feet: 12,428
- Year Built: 1966
Lot Features
- Property View: No View
- Lot Size (Acres): 0.367
- Zoning: LAR3
Financial Considerations
- Terms: Cash, Cash to New Loan
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Schools
Schools serving 220 S Commonwealth Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
215 S Commonwealth Ave, Los Angeles, CA 90004 | K-5 | 0.1 mi | |
152 N Vermont Ave, Los Angeles, CA 90004 | 6-8 | 0.4 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 S Commonwealth Ave
Date
Details
Price
Change
Source
10/10/2013
Sold
$2,870,000
-4.33%
MLS
7/12/2013
Price Reduced
$3,000,000
-6.25%
MLS
6/07/2013
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
220 South Commonwealth Avenue, Los Angeles, CA 90004 (MLS# SR13107560) is a Multi-Family property that was sold at $2,870,000 on October 10, 2013. This property was listed by Beverly Rutkin from our Sherman Oaks Office.Want to learn more about 220 South Commonwealth Avenue? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.