2920 1\/2 Elm St, Los Angeles, CA
$ Click for current price
4 BEDROOMS |
This 5,299 sqft property sits in a unique pocket of Cypress Park: an unpretentious, residentially focussed neighborhood considered to be a "no brainer" for young investors. This area exhibits a classic California feel with a variety of subtle – diverse eateries, charming bungalows, and the energy of Dodger Stadium just minutes away. The property itself not only has potential as a home, but it is also a rare investment opportunity that could lend itself to further gain. This lot is comprised of three structures. The first, primary dwelling is a 3 bedroom, 1 bath, 1,072 sqft home – most ideal for a small family. It features a long, shared living and dining room, with a spacious three-person kitchen. The middle dwelling is a one room, one bathroom studio, and it is perfect to utilize as a den or work space. The back dwelling is a 1 bed/1 bath apartment with a living room and kitchen. This unit has an alternative address, "2920 ½ Elm St," and makes for a convenient guest house or rental opportunity. All properties in the Cypress Park community are hot commodities right now, even for a demand-driven market, so act quickly on this one!