Discover this incredible property in the rapidly developing Northeast Los Angeles neighborhood of El Sereno. Comprising two units with separate entrances and two electric meters, this home offers endless potential for both living and business use. The upper level features a spacious 3-bedroom, 1-bathroom layout spanning approximately 1,152 sqft. The interior has been beautifully updated with fresh paint, new hardwood laminate flooring, sleek new countertops, and newer windows throughout. The lower level, which HAS A SEPERATE ADDRESS of 5255 ALHAMBRA AVE. has been thoughtfully converted into a 2-bedroom, 1-bathroom space that could easily serve as a guest suite, office, or even a business space—perfect for entrepreneurs or those seeking additional rental income. Outside, the property boasts a generous parking area that can accommodate 10+ cars and even has space for RV parking—ideal for families with multiple vehicles or those in need of extra storage. This prime location is just minutes away from the 10 and 710 freeways, Cal State LA, Downtown LA, Highland Park, South Pasadena, and Alhambra, offering easy access to a variety of amenities and attractions. SINGLE FAMILY HOME & RETAIL SPACE, CANNABIS OKAY! ZONED FOR BOTH. BUYER TO PERFORM DUE DILIGENCE Whether you're looking for a home with rental income potential or a property with a business opportunity, this is an opportunity you don't want to miss.