Great Value on an Oversized 8,115 Sq. Ft. LAR2-Zoned Lot! Welcome to 201 W 49th St, Los Angeles, a well-maintained Craftsman-style home offering 4 bedrooms, 2 bathrooms, and approximately 1,412 sq. ft. of living space on a spacious 8,115 sq. ft. LAR2-zoned lot. With its generous lot size, flexible layout, and future development potential, this property presents a unique opportunity for both homeowners and investors. The bright and inviting floor plan features spacious living and dining areas, a functional kitchen, and a convenient downstairs bedroom with a Jack-and-Jill bathroom. Each bedroom is equipped with its own mini-split system, providing individualized comfort and energy efficiency throughout the home. A long driveway provides tandem parking for multiple vehicles, while the expansive backyard offers plenty of outdoor space to enjoy and entertain. Highlights include a gazebo, BBQ area, and mature avocado, lemon, and guava trees. The exterior has been recently painted, reflecting pride of ownership throughout the property. A detached rear structure with additional living space, a bathroom, and its own private entrance offers flexibility for a home office, creative studio, workspace, or potential income-generating possibilities. The LAR2 zoning may provide opportunities for future expansion, development, or an ADU (buyer to verify). Conveniently located near Downtown Los Angeles, USC, the LA Coliseum, museums, Metro lines, shopping, dining, major freeways, and LAX. This property combines location, versatility, and value in the heart of Los Angeles. Whether you're seeking a primary residence or an investment opportunity, this is a unique property with endless possibilities.