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.
For sale
Listing Provided by:
Robert Zaldana DRE #01354718 818-446-9428,
Berkshire Hathaway HomeService
$1,300,000
1127 N Commonwealth Ave, Los Angeles, CA 90029
3beds
1baths
962sqft
Est.:
Triplex
Built in 1911
-- sqft lot
$1,274,100 Zestimate®
$1,351/sqft
$-- HOA
What's special
- 127 days |
- 104 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 06:21am
Listing Provided by:
Robert Zaldana DRE #01354718 818-446-9428,
Berkshire Hathaway HomeService
Source: CRMLS,MLS#: SR25178837
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Electric, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Outside
Features
- Unfinished Walls
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 962
- Total interior livable area: 962 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Fencing: Privacy
- Has view: Yes
- View description: None
Lot
- Size: 6,250 Square Feet
- Dimensions: 6250
- Features: Rectangular Lot, Street Level, Value In Land, Yard
Details
- Parcel number: 5542025030
- Lease amount: $0
- Zoning: R2-1XL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame
- Foundation: Combination, Raised
Condition
- Fixer
- New construction: No
- Year built: 1911
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available
Community & HOA
Community
- Features: Curbs, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,351/sqft
- Tax assessed value: $385,232
- Annual tax amount: $4,917
- Date on market: 8/7/2025
- Cumulative days on market: 127 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 0
- Tenant pays: None
- Road surface type: Paved
Estimated market value
$1,274,100
$1.21M - $1.34M
$2,686/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Listed for sale | $1,300,000+388.7%$1,351/sqft |
Source:  CRMLS #SR25178837 Report a problem | ||
| 5/30/2003 | Sold | $266,000$277/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,974 +1.2% | $385,232 +2% |
| 2024 | $4,917 +1.9% | $377,679 +2% |
| 2023 | $4,827 +4.7% | $370,275 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,111/mo
Principal & interest
$6399
Property taxes
$1257
Home insurance
$455
Climate risks
Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- NALexington Avenue Primary CenterGrades: K-2Distance: 0.1 mi
- 7/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 1.2 mi
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