It is rare to find a residential property that is a combination of: a) charming, b) in a great location and c) has a permitted guest cottage that yields great income. The cottage is sufficiently remote from the main house that an owner can happily enjoy the main house and not feel impinged upon by the resident in the guest cottage. This 300 sq ft guest unit - vacated in preparation for this sale - has for years been getting $2000/mo in income. There are also approved plans, if a new owner desires to execute them, to join the existing cottage with the nearby garage, and thus double its size. As for the main house itself, it is quite charming and comfortable, with lots of upgrades, including new roof, new windows, newly bolted and anchored foundation and fairly new AC/heat system. The home is perfect for a couple just starting a family, with its master bedroom with ensuite bathroom and lots of closet space, and an additional full bathroom for guests as well as for the second bedroom. You also have a sizable entertainer's back yard, with good-sized chef's kitchen. Not to mention a lovely fireplace in the living room. And, a long driveway that allows for plenty of off street parking. And, of course one can always convert the structure at the end of the driveway back to the garage it originally was. As for location, this property is located in the best part of the highly coveted Atwater Village - south of Los Feliz Blvd and north of Glendale Blvd, with all its popular shops and restaurants along Los Feliz and Glendale Blvd, including a great farmer's market every Sunday that is walking distance from this house. Bottom line - this home offers pretty much everything you would need and want at an affordable price, which of course becomes all the more so with the guest cottage bringing in $2000/mo to defray the mortgage. Come make it yours!