StatusAccepting Backup Offers (Active Under Contract)
About 441 N Commonwealth Ave
Prime development opportunity in the rapidly growing Virgil Village area on the edge of Silver Lake! Don't miss this chance to build. Additionally, you have some options to purchase a total of 2 lots together, totaling apx. 13,012 SQ.FT., by including the adjoining parcels at 439 N. Commonwealth Ave ($1,000,000) or total of 4 lots together, totaling apx. 21,868 SQ.FT., by including the adjoining parcels at 440 N Virgil Ave &5539-035-020 ($1,500,000) & 439 N. Commonwealth Ave ($1,000,000).The properties are being sold for land value.
Property Details
Property Features
Listing Office:
Office Name: Sotheby's International Realty
Office Phone: (323) 665-1700
Listing Agent: Atsuko Kimoto
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Other
Directions Information:
Directions: South of Middlebury St, East of Virgil Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Tax Information:
Annual Amount: $8,996
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $21.5K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24451670
Listing Office:
Office Name: Sotheby's International Realty
Office Phone: (323) 665-1700
Listing Agent: Atsuko Kimoto
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,996
$743,675
2020
$1,979
$736,050
2019
$1,913
$146,914
2018
$1,872
$144,035
2017
$1,872
$141,212
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Dayton Heights Elementary School
607 N Westmoreland Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-5
6
/10
Dr. Sammy Lee Medical and Health Science Magnet
3600 Council St
Distance between this listing and this school0.37 miles
Public Magnet Grades KG-5
6
/10
Frank Del Olmo Elementary School
100 N New Hampshire Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Nearby Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.46 miles
Public District Grades 6-8
3
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.54 miles
Public Charter Grades 6-8
3
/10
Camino Nuevo Charter Academy #2
3400 W 3rd St
Distance between this listing and this school0.74 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Camino Nuevo High #2
3500 W Temple St
Distance between this listing and this school0.17 miles
Public Charter Grades 9-12
7
/10
Central City Value
221 N Westmoreland Ave
Distance between this listing and this school0.30 miles
Public Charter Grades 9-12
4
/10
New Village Girls Academy
147 N Occidental Blvd
Distance between this listing and this school0.63 miles
The neighbors living near this home have an average income of $22,258. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 441 N Commonwealth Ave
What is the listing price of this property?
The listing price of 441 N Commonwealth Ave property is $1,000,000.
What type of property is this?
The property 441 N Commonwealth Ave is land located in Los Angeles, California, 90004.
Is this property for sale now?
Accepting Backup Offers: 441 N Commonwealth Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,996 (source: MLS/based on county public records data).
How much acreage is this property?
The property 441 N Commonwealth Ave is 0.13 acres.
Interested in 441 N Commonwealth Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 441 N Commonwealth Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $1,000,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Ross Dress For Less
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary