Los Angeles, CA 90020 423 S Commonwealth Avenue

$1,699,000

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Presented By: Anna Jung with Forrest Commercial, Inc.; 714-318-3663
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25069125
  • 03/30/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 4,218

Home Details

Charming Spanish-style residence currently operating as a licensed Catholic preschool. Approx. 4,218 SF building on a spacious 8,503 SF lot in the heart of Rampart Village, surrounded by apartment buildings. Zoned LAR3, offering excellent potential for multi-family development or continued school/childcare use. Features 5 rooms, 4 bathrooms, gated yard, and central HVAC. A rare opportunity for both investors and operators in a high-density Koreatown-adjacent location.
Presented By: Anna Jung with Forrest Commercial, Inc.; 714-318-3663

Interior Features for 423 S Commonwealth Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesGasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 423 S Commonwealth Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Wilshire and West of Commonwealth
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8503.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesSecurityGate, ResidentManager
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Virtual TourClick here
Waterfront Y/NNo
Year Built1924

Exterior for 423 S Commonwealth Avenue

Building Area Total4218.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesYard
Lot Size Acres0.1952
Lot Size Area8503.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,699,000
MLS#PW25069125
List Date 03/30/2025
Property Type Commercial
Phone 714.742.6515
Request Tour
Request Info
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