Home is remodeled. New electrical circuits, AC, stucco, windows. Ready to live or redevelopment opportunity in prime East Hollywood, close to the Metro Station at Santa Monica and Vermont and Los Angeles City College. A Buyer may elect to rehab the existing structure and build 2 additional units in the back through the existing RD1.5 zoning or as ADUs. No RSO or Ellis Act to worry about. Being in a high transit area, a new owner may build 8 +/- units with the Tier 4 TOC designation or through the use of a Density Bonus. Focusing on a 100% Affordable Housing Project can yield even higher density utilizing AB2345. This highly in-demand neighborhood boasts countless restaurants, nightlife options, live music venues, comedy houses and more. This is a Walker's Paradise, in Walk Score's words! Sandwiched between Hollywood and Los Feliz, this property sits close to all that Silver Lake, Echo Park, Downtown LA, Northeast LA...have to offer. Short distance to the new Erewhon, to the Metro Station, to LA City College, to The Virgil, to 4100 Bar, to El Cid, to Courage Bagels, to Sqirl...it goes on and on. Hop on the Metro, On county records shows 2 bedrooms. An extra room is added with permits by converting the patio. There is also a bonus room. Agent does not gaurantee square footage permits or number of rooms and possible units.