$1,999,000

About this home

NEWLY REDUCED- RARE CORNER COMPOUND with 12 Car Parking/ Flexible Living + ADU Potential. Investors - perhaps this could be a hidden gem of a money making opportunity for an Airbnb. Own a spacious and versatile residence in the heart of Los Angeles. Situated on a prominent corner lot, this expansive property offers 4,363 sq feet of living space with 6 bedrooms, multiple living and working areas, and a highly functional layout ideal for a variety of residential lifestyles. One of the property's most unique features is its rare gated on-site parking for up to 12 vehicles-an extraordinary amenity in this central location, offering convenience for multi-driver households, guests or extended living arrangements. The flexible floor plan includes multiple kitchen areas and separate living spaces, making it well suited for multi-generational living, shared housing or extended family use. The property also represents potential to add an ADU (buyer to verify with city) creating additional living space and long-term value. There is currently a 3 bed apartment over the garage in addition to the 6 beds in the main house. The corner location allows for easy access and additional privacy with fewer immediate neighbors on one side. This is a rare opportunity to secure a large scale residence with flexibility, parking and future upside in one of Los Angeles' most centrally located neighborhoods. Step into the timeless charm of this stately 1926 residence, rich with historic elegance and offered for the first time in over 40 years.. Rooms are generously sized, offering flexibility and comfort. Public records reflect 6 bedrooms and 3 baths.There is additionally, 1 more full bath and a 1/2 bath. This home is set on an expansive 9,682-square-foot gated corner lot, the property offers parking for up to 12 vehicles, including four enclosed garage spaces, an extraordinary rarity. A permitted recreation room above the garage is currently used as three additional bedrooms, adding further versatility. Broker/agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources . Buyer is advised to independently verify the accuracy of all information through personal inspections with appropriate professional. A rare opportunity for a discerning buyer to make this special property their own, bringing personal vision and custom touches to create a truly unique property. Near to the hip restaurants on S. La Brea - All Seasonings Brewing Co, Met Her/Him at a Bar, The Night We Met. With the new subway opening on La Brea & Wilshire and the newly renovated LACMA and other museums - this is the place to be!

Facts & features

Location