1127 N Commonwealth Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 0 bed, 0 bath
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Los Angeles, California 90029
Analysis of 1127 N Commonwealth Avenue, Los Angeles, California 90029 is currently available with a list price of $1,300,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
This property, built in 1911, is explicitly described as having only one habitable unit that is 'simple, basic and unrefined, with no recent upgrades.' The other two units are unfinished, with one 'down to the studs,' indicating significant structural and interior work is required. The bathroom image confirms outdated fixtures and tiles consistent with a lack of recent renovation. The property is marketed as an 'investor opportunity' and 'blank canvas' for 'restoration, expansion, redevelopment,' and is offered 'as-is,' all pointing to the need for substantial repairs and rehabilitation to make it fully functional and up to modern standards. This aligns perfectly with the 'Poor' condition criteria.
Nestled in vibrant East Hollywood, moments from Silver Lake and Virgil Village, a cultural hub with ongoing redevelopment buzz, enhancing future value.
Identified as a triplex, offering significant income potential once all units are fully developed and habitable.
A generous 6,250 sq. ft. gated lot provides ample space for potential expansion, additional units, or desirable outdoor amenities.
Only one unit is currently habitable, with two additional units unfinished (one down to studs, the other lacking interior finishes), requiring substantial investment.
The sole habitable unit is described as 'simple, basic and unrefined, with no recent upgrades,' indicating a need for comprehensive modernization.
The property is offered 'as-is,' placing the full responsibility for all necessary repairs, upgrades, and due diligence on the buyer.
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.
No exterior & parking available.
Grades K-2 • 0.1 mi
Grades K-6 • 0.2 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 962 | 2,881 | 20% |
| Lot Size | 6,250 | 6,752 | 40% |
| Price | $1.30M | $1.20M | 60% |
| Price per sq ft | $1.4K | $411 | 80% |
| Built year | 1911 | 1925 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 258 | 335 | 40% |
Aug 7, 2025
$1,300,000
Initial Listing
May 30, 2003
$266,000
Public Record