597 CYPRESS Ave, Los Angeles, CA 90065

Property Description

Calling all investors/developers looking for income potential and eager owner-users who are ready to create a dream home with the benefit of supplementing your income. Here's an opportunity to own a rare vacant duplex on a huge 10,000+ sq foot lot located at the scenic base of Mt Washington in highly sought after trending Cypress Park neighborhood. The almost identical side by side homes are currently 1 bed & 1 bath w/ fireplace large enough (approximately 1,004 sq feet each unit) to convert into 3/2. These units beckon to be re-imagined and will surely command high rental income once restored. Newer roof and updated copper plumbing are featured , all you need is to update cosmetically and earn! The expansive corner lot has endless possibilities with tons of parking and plenty of room to add an ADU to maximize earning potential. Mature landscaping surrounds the property and there's no denying the huge potential this property has to offer. The location anchors itself to the bustling northeast LA living with its close proximity to the LA River, DTLA and some of the hottest retail and dining spots in the surrounding neighborhoods of Glassell Park, Eagle Rock, and Highland Park. Come with an open mind and excitement as you realize the opportunity to stake claim and make this Cypress Park opportunity all your own. Huge value add and sweat equity opportunity. Perfect for the novice to savvy investor. Call today for a showing as this one surely won't last!