This is it ~ your unicorn property that you've been oh so patiently waiting for ... we're talking POTENTIAL with a capital "P" and underlined 3 times! Welcome to 849 W 48th St in the iconic city of Los Angeles - conveniently located within a short distance to USC, the Coliseum & a multitude of world class shopping, restaurants & museums. This residential income property expertly matches the needs of a single family home, multi-generational living & anyone looking to supplement their income with a rear duplex or add all three to your investment portfolio (there's even potential to easily add a 3rd bedroom)! The main house is a contemporary beacon of sophistication and craftsmanship - displaying a modern geometric design that effortlessly affords cohesion and inclusion. The front of the home is comprised of a bay of windows to naturally let light filter through the main living areas and captures the beauty of the original honey toned parquet wood flooring that runs throughout the first floor. As we enter the heart of the home, you'll be pleasantly surprised by the abundant kitchen storage design, multiple islands & workspaces + a dedicated laundry room with, you guessed it ... "more storage" and an additional sink. As we ascend to the vibrant upper level - be prepared to be dazzled by an eclectic mix of colors & design. An office present includes two large closets & could easily wear many hats! What you'll find are two primary suites ... one is amply sized & features a closet transition area next to its full bathroom. The other ~ well let's just say SIZE MATTERS! An eloquent arrangement of luxury living - this primary suite includes a large sitting area highlighted by a floor to ceiling stone fireplace & would make a GREAT 3RD BEDROOM addition! What you'll find in the remaining space is a closet for the "true fashionista". A retreat bathroom features dual sinks, a soaking tub + a sitting vanity. As we make our way to the rear duplex, we'll find an amazing mix of vintage charm & functionality. Each consists of 1 bedroom & 1 full bathroom at approximately 500 sqft with their own entrances. There is a large oversized two car garage for the property that provides a multitude of possible future uses for this R2 zoned property with 3 separate electric & gas meters (1 shared water meter). Plus, all units will be delivered vacant at the close of escrow. I know this is the property you've been dreaming about ... what are you waiting for?