Attention builders/developers/investors! This is your chance to secure a sprawling lot in coveted College Acres otherwise known as Candy Cane Lane. This flat lot is nearly half an acre and features wonderful curb appeal and tremendous potential. The home is currently tenant occupied and can continue to be a rental while permit/plans are obtained. Remodel, add on or build from the ground up. Room for pool, ADU or sport court. Currently a 5-bedroom 3 bath home which is inclusive of a 1 bedroom 1 bath attached guest unit. The guest unit also has a separate entrance and living room area in addition to the bedroom and bath. The main house features a large formal living room with fireplace and vaulted wood ceilings which flows into the formal dining room. The spacious kitchen with center island, granite countertops, and a Thermador 6 burner range is attached to a family room with French doors that lead to a beautiful Spanish paver patio and large deck. The primary suite has a fireplace and French doors leading to the backyard. Generous secondary bedrooms share a bath. Excellent location near the Village, Westfield Mall, Pierce College, Warner Center, the coming LA RAMS training facility and easy freeway access. Agents see private remarks.