Don't miss this exceptional opportunity! With long-standing ownership spanning over five decades, this home has been lived in and loved well, and now awaits its next chapter. Occupying a spacious lot of 5,404 sq. ft. with an existing structure of 1,082 sq. ft., the property is ideal for homebuyers and investors seeking both immediate and long-term benefits. Let your imagination come alive as you walk through this 2 bedroom, 2 bath bungalow. The floor plan flows effortlessly from room to room, all generously sized and accented by architectural details such as coved ceilings, built-in cabinetry, and wood wall details throughout. An indoor laundry room and bonus room allow for easy, comfortable living. There is ample room out back for a detached garage or expanded options for additional units with direct alley access. This property is zoned LAR2, with great proximity to freeways, local amenities, and future redevelopment projects by the city of Los Angeles. Truly, this legacy property presents a variety of investment strategies - be it homeowner occupancy and renovation, expansion, redevelopment, SB-8 project, or diversification of a real estate portfolio. With its long-standing ownership history and untapped potential, it serves as an excellent canvas for crafting the perfect home or lucrative investment property. Open House 9/2 11 am - 2 pm. All offers are due Saturday, please send the highest and best offer. Seller reserves the right to accept an offer prior to the offer deadline.