5132 La Calandria Way, Los Angeles, CA 90032

Property Description

Calling all investors & buyers with vision - This is your opportunity to restore this hillside residence to its full glory while investing in one of the most sought-after neighborhoods in 90032 - an up-an-coming-area with immense potential! Don't be deceived by what looks to be a single story home from the street; this house has a downstairs level with a second kitchen & plenty of additional space to terrace into whatever you choose (including an ADU, separate garage or additional living space). In addition to the ample 1,866sf of interior space, 2 balconies, front & back patios, an unfinished basement, many built-in cabinets & two walk-in pantries, washer & dryer hookups and plentiful storage, this property sits on top of a hill & offers a breathtaking clear view of the majestic mountains & the city below. Although it is currently zoned & used as a Single Family Residence (owned by the same family since 1969), this property could be easily converted into 2 separate units since the downstairs has a separate entrance, kitchen & full bathroom!! The outside of the home is currently terraced into 3 levels which could be professionally perfected to take advantage of the view while maximizing the opportunity for additional buildings! Don't let this opportunity pass you by - It is truly a diamond in the not-so-rough!