Prime Investment Opportunity with a spacious 14,665 sq. ft lot, this property offers excellent potential for a new multi-family residential development in a high-demand area or use residential financing and add additional ADU's. Significant Rental Upside with one (1) 2 bedroom + 1 bathroom unit delivered vacant, which features views of downtown LA skyline. Short distance from USC Keck, Cal State LA, ELAC, new 6th street bridge, City Terrace, Arts District, Boyle Heights, Chinatown, Monterey Park, and Downtown LA. Surrounded by amenities such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Montebello Country Club, Dodger Stadium, University of Southern California and more. Centrally located near major freeways, including I-710, I-5, I-101, I-10, and CA-60