Asking Price: $1,518,900

Massive 7,130 SF Lot Development & Value-Add Opportunity in Mid-Wilshire/Picfair Village!An extraordinary opportunity located right next door to another prime site in one of Los Angeles's most rapidly expanding investment corridors! Featuring an expansive 7,130 square foot lot, this property offers immense upside for developers, investors, or owner-users seeking land size in a premier neighborhood. Whether your goal is a full-scale multi-unit development, an expansive custom rebuild, or a value-add renovation, this prime piece of real estate provides the perfect canvas. The character-filled home offers a generous 1,692 sq ft layout featuring 3 bedrooms and 2 bathrooms, plus an additional unpermitted living space/family room that adds versatile square footage. The massive backyard and deep lot size provide ideal dimensions for building an ADU or to enjoy a great large backyard. You can Live in it, rent it out or start pulling architectural plans for a larger project. Located minutes from world-class dining, shopping, and transit. Property is being sold AS-IS.