2016 Fair Park Avenue, Los Angeles, California 90041

$1,350,000

Property Type

Residential

Bedrooms

3

Bathrooms

2

Square Feet

1,382 sqft

City

Los Angeles

Status

Active

Discover this centrally located Eagle Rock gem offering two separate structures, a spacious backyard, and exciting future possibilities. The charming front residence features 2 bedrooms and 1 bathroom, complemented by an inviting front porch that adds character and curb appeal. Inside, a generously sized kitchen opens to a covered rear porch, creating a natural transition to the expansive backyard an ideal setting for outdoor dining, entertaining, gardening, or simply enjoying your own private outdoor space. Adding to the property's versatility is a separate rear structure featuring 2 rooms and 1 bathroom, providing additional space that may be ideal for a home office, studio, guest accommodations, or other uses subject to applicable permits and regulations. Located in the highly desirable Eagle Rock area of Los Angeles, the property offers convenient access to the neighborhood's popular shops, cafes, restaurants, markets, everyday services, and nearby public transportation. Adding significant appeal for investors and developers, the property is zoned R3, offering potential for multifamily residential development. Its location may also provide opportunities for increased density and other development incentives available under applicable Transit Oriented Communities (TOC) and affordable-housing programs, subject to eligibility and approval by the City of Los Angeles. Buyers and developers are encouraged to independently investigate zoning, TOC eligibility, allowable density, affordability requirements, development incentives, and all potential uses with the appropriate governmental agencies. Whether envisioned as a charming residence with additional flexible space, an investment property, or a future multifamily development opportunity, this Eagle Rock property offers a compelling combination of location, land-use potential, and versatility. Bring your creativity and explore the possibilities this unique property has to offer!