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4-Unit Historic Quadplex
New
For Sale
$1,550,000

1143 N Commonwealth Ave, Los Angeles, CA 90029

Two residences are vacant, while the other two are occupied by long-term residents.

Property Size3,148 SF
Days on Market4

Property Features for 1143 N Commonwealth Ave

General Information

Standard status Active
Size 3,148 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 3,148 SF
Year Built 1925
Listing Agency: Nourmand & Associates-HW
Listed By: Jennifer Eckert · License #01512045
Source: Rochellemaize
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nourmand & Associates-HW

Investment Insights

Based on property information with market context.

Built in 1925, this four-unit property contains four one-bedroom, one-bath residences, each nearing 800 square feet. Original hardwood flooring, high ceilings, crown molding, in-unit laundry and individual storage serve each apartment. Two units are vacant and two have long-term occupants. The exterior was recoated and painted, and seismic work was completed in 2022.

A gated driveway provides four covered parking spaces and one open guest space. The property is on N Commonwealth Avenue in Los Angeles, between Silver Lake and Virgil Village. Nearby destinations include Sunset Junction, the Silver Lake Reservoir, Griffith Park, Kaiser Permanente and the Vermont/Sunset Metro station. The 101 and 5 freeways are also in the surrounding area.

Key Highlights

  • Four one‑bedroom, one‑bath residences, each approaching 800 square feet
  • Two units vacant; two occupied by long‑term residents
  • Seismic retrofit completed in 2022

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Travel Agency Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,904
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two residences are vacant, while the other two are occupied by long-term residents.
Where is this quadplex located?
The property is located at 1143 N Commonwealth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath residences, each approaching 800 square feet; Two units vacant; two occupied by long‑term residents; Seismic retrofit completed in 2022
More about this property
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