Exceptional opportunity just minutes from the University of Southern California (USC)! This beautifully renovated 4-bedroom, 3-bath home offers excellent potential for rent-by-the-room student housing or traditional rental, while also providing a spacious and versatile floor plan for an owner-occupant or family. Extensively updated, the property features updated plumbing and electrical wiring, newer central HVAC with air conditioning and heating, remodeled bathrooms, and an updated kitchen with newer cabinetry, quartz countertops, and modern appliances. Additional upgrades include dual-pane windows, updated lighting fixtures, beautifully installed wood flooring, and more. The property also features a large detached storage shed, formerly used as a garage, offering significant potential for future use or redevelopment. The owner had architectural plans drafted to convert the existing shed into a two-story, 4-bedroom/2-bath ADU with kitchens and living areas on both levels and private second-story access. Architectural plans can be provided upon request; buyers are advised to conduct their own due diligence with the city regarding feasibility. The location offers convenient access to USC and Exposition Park, home to BMO Stadium, the LA Memorial Coliseum, and the highly anticipated Lucas Museum of Narrative Art. With Los Angeles preparing to host the 2028 Olympic Games, the property is positioned near one of the city's most prominent cultural, educational, and entertainment districts. Downtown Los Angeles, major freeways, and public transportation are also nearby, making this a compelling opportunity for investors seeking income potential or buyers looking for a beautifully updated home with flexibility for the future.