2516 Malabar Street, Los Angeles CA

INVESTOR OPPORTUNITY - R3 ZONING! First time on the market in 40+ years. Home is a 3BR/1BA with 1,144SF on a 6,994SF lot. The home has been very well maintained and cared for. Spacious living room with adjoining dining room. Kitchen has been updated with granite counters and lots of cabinets. Inside laundry room. Electrical panel is updated. Backyard has a covered patio with multiple fruit trees. There is a structure towards the back of the lot that is used to be used as a garage, but now is used for storage. There is an alley behind the home with a sliding gate, and lots of space for parking and easy access. Almost all of the neighboring properties have already multiple units. Great location and close to the freeway.