Detailed Introduction Of This Home
Welcome to your gateway to urban living in the heart of Historic Filipinotown (HIFI), a place where community thrives, and opportunities abound. Nestled on the southern border of Silver Lake, this owner-occupied duplex offers more than just a home; it's an investment in your future. Step into a world of possibilities as you explore this exceptional duplex. Currently lived in and used as a single family home, however, as a duplex featuring two 2-bedroom, 1-bath units, totaling 4 bedrooms and 2 baths. Spanning 1,903 square feet of well-designed space, this elevated gem offers stunning views of the Downtown LA skyline from your frontal windows and the recently built deck. The east-facing property bathes in the morning sun, filling your space with warmth and energy. Both units have been lovingly occupied by the same family for over 30 years. The downstairs owners' unit, with its 2 bedrooms and 1 bath, features a newer kitchen with granite countertops, glass tile backsplash, and wood floors. It's a haven of modern comfort and classic charm. Upstairs, you'll find another 2-bedroom, 1-bath unit with its own full kitchen, ideal for extended family or as an in-law suite. The spacious flat backyard beckons with a gazebo and built-in kitchen, perfect for gatherings and celebrations. But here's the exciting part, the potential to add two ADUs (Accessory Dwelling Units) in the expansive rear of the property, a golden opportunity to maximize your investment. (Buyer to verify and conduct their investigation.) Location couldn't be more central. With easy access to the 101 Freeway, Downtown Los Angeles, and Echo Park, you're at the crossroads of LA's most iconic neighborhoods. And for those who love discovering hidden gems, you're just moments away from Crawford's, Bootleg Theatre, 1642 Bar, Brooklyn Bagel Bakery, Original Tommy's Hamburgers, Gigi's Cafe Cubano, HiFi Kitchen, and Doubting Thomas, a tapestry of local experiences waiting to be woven into your daily life. While this property is being sold in as-is condition, it represents an extraordinary opportunity for those seeking to create their dream urban oasis or invest in one of LA's fastest gentrifying areas. Imagine the stories you'll tell, the memories you'll create, and the future you'll build in this remarkable space. Washer/Dryer and refrigerator are not included in the sale. However, can be negotiated. FYI BUYERS: Effective November 18 you will now be allowed to finance up to 95% LTV on Fannie Mae 2-4 unit properties. This is only for buyers who will be occupying the property as their primary residence.