A vacant, classic 1911 California Craftsman on a large, fully gated lot, moments from Paramount Studios and the best of Koreatown, Hancock Park, and Hollywood. The R-3, 6,623 sf flat lot offers a myriad of possibilities for the next owner, including the potential addition of up to 2 ADUs. Longer term multi-unit development play is possible, with comparably sized lots trading in the $1.3M range. Inquire with listing agent for full development analysis completed by a planning consultant for the lot. For those in search of a turnkey 1031 exchange, this home was a longtime rental property, recently grossing approx. $48,000 per year. Buyer to do their own due diligence on any and all aspects of the property. Sold in as-is conditions, no repairs or credits .