1440 Eaton, Los Angeles, CA 90042

Property Description

This is an incredibly rare opportunity to purchase a very secluded and private property on a double lot in the highly desirable Highland Park area. Surrounded by contemporary new development properties and custom homes under construction, the location is poised for a great future and this unique property is packed with upside potential for the buyer who can handle a massive remodel project. The possibilities are endless, but the scope of the project will be extensive. Despite the time and expense involved in such a remodel, the light at the end of the tunnel is bright. Stands of mature trees grace the property and give it a rural and forest-like ambience. When the project is done, it will be easy to escape the stress and hustle of the big city at the end of a long day of work. Picture this: driving up to the seclusion of the end of the canyon, arriving home to the gorgeously restored Spanish Revival bungalow, stirring up a favorite cocktail, and kicking back to unwind as the breeze gently rustles the leaves overhead – it will all be worth it for that one perfect afternoon. Due to the condition of the interior of the house, traditional financing most likely will not be an option. However, the seller may be interested in carrying the loan under certain terms and conditions. The property consists of two contiguous parcels which are being sold together as one property. Certain matters of title may prevent the two parcels from being separated and developed/sold individually.