This 1925 Revived Spanish home has been stunningly reimagined and sits on one of the best streets in Gramercy Park. Entering, you are welcomed by the arched patio that embodies the Spanish architecture.
The interior was fully renovated with an open living space and modern kitchen featuring 3 bedrooms and 2 bathrooms with plenty of windows providing natural light throughout the home. Updates also include all new plumbing, upgraded 200 AMP panel, new electrical wiring, and HVAC system.
The 6000 sq ft lot provides a huge flat backyard that is ready for the new home owner to maximize on the potential of this lot. There is a permitted room attached to the one-car garage that is perfect to convert to a one bedroom ADU or the savvy investor can maximize the use of the lot and build a 1,200 sq ft, 3 bedroom ADU. Either option will help create passive income and offset the mortgage. Another fun fact, this property has a peak a boo view of DTLA skyline.
Being centrally located gives you the option to jump on the 110 freeway to the Staple…we mean the Crypto Arena. Not a Laker fan? Well the future Clipper Arena is located nearby, or catch an Uber to SOFI Football Stadium which is only 2 miles away.
Don’t miss out on this opportunity to get in this neighborhood which still has so much growth and development potential. See you in escrow!