Located in the vibrant heart of Los Feliz, this 4-unit compound presents a prime opportunity for both homeowners and investors. The property features a stand alone vacant single-family home boasting 2 bedrooms, 2 bathrooms, a den, dedicated garage, parking, and a private yard. Beyond a newly rebuilt fence, discover three charming studio apartments (1 vacant, 2 tenant occupied) adorned with original tile and built-ins. Recent enhancements include upgraded electrical systems, landscaping, bathroom renovations, foundation repairs, new insulation, and fresh paint. This property offers an exceptional chance to reside in a secluded bungalow while letting your income property offset your mortgage costs. Minutes to all the shopping, restaurants and everything cool on Hillhurst and Vermont.