Calling all homebuyers and visionaries! Nestled on the borders of the thriving neighborhoods of City Terrace and Boyle Heights, this fixer-upper is brimming with potential for those looking to create their dream home or make a smart investment. Key Features: • R-2 Zoning: Offering flexibility and multiple possibilities for use, whether you're dreaming of a spacious single-family home or considering a multi-unit investment. • Development Plans ready for 3 units. Ready to build. • Deep, Flat Lot: Enjoy the expansive space provided by the deep, flat lot, complete with a lengthy driveway offering ample parking. • Modern Electrical System: Equipped with a 200 Amp panel and Romex wiring, ensuring your electrical needs are met with reliability and safety. • Tall Attic: Explore the hidden potential of the tall attic space, perfect for conversion into vaulted ceilings or additional living quarters. • Strategic Location: Situated in a rapidly appreciating area, just moments away from the vibrant energy of Downtown Los Angeles. • Profit and Lifestyle Opportunities: Renovate the existing Craftsman for a charming personal residence, or add a Second Unit and/or ADU for additional living space or rental income. • Panoramic Views: Consider the development of a two-story building to capitalize on stunning panoramic views of the Downtown skyline. Unlimited Creative Potential: Unleash your imagination as you remodel this property to fit your vision. With its flexible layout and ample space, the possibilities are endless—whether you envision a modern multi-unit complex or a cozy family home, this property can be transformed to match your unique aspirations. Ideal for All Buyers: Whether you're an individual looking to create your perfect home or an investor seeking a profitable venture, this property offers something for everyone. The neighborhood's surge in appreciation and development further enhances its appeal.