Rare ±8,699 SF LAR3 development opportunity located within a TOC Tier 3 corridor with potential eligibility for ED1 and AB 1287 incentives, subject to buyer verification. Preliminary studies suggest potential for a future multifamily development project utilizing mixed-income or affordable housing strategies; however, buyer is advised to independently verify all zoning, density, entitlement, incentive program eligibility, and development assumptions with the City of Los Angeles. Existing renovated residence provides immediate usability and potential interim income while pursuing redevelopment plans.