Residential Income In Los Angeles

A rare Highland Park opportunity offering historic charm, flexibility, and compelling income potential on a generous corner lot. This distinctive property features a historic duplex plus a detached, currently vacant bungalow, creating three total residences and an appealing opportunity for both owner-users and rental property investors. Positioned along Piedmont, the charming duplex includes two tenant-occupied units, each with its own private yard and existing rental income. Separately situated along Avenue 61, the vacant detached bungalow enjoys its own distinct presence and a wonderful sense of privacy. Full of warmth and character, this inviting 2 bedroom, 1 bathroom home features a sweet private yard with room to make it your own, two parking spaces, classic Highland Park curb appeal, and a welcoming white picket fence. Its separation from the other residences creates an ideal setting for an owner-user, while also offering additional rental potential for an investor. Whether you are looking for a place to call home while benefiting from rental income or seeking a character-rich investment property in one of Los Angeles’ most sought-after neighborhoods, the property offers a rare combination of versatility, immediate income, and long-term potential. Current rents are actual. Set in one of Highland Park’s most appealing pockets, the property is moments from some of the neighborhood’s most popular restaurants, bars, coffee shops, and live music venues, including Hippo, Joy, Highly Likely, Checker Hall, Villa’s Tacos, Mala Class, Amiga Amore, Gold Line, Highland Park Bowl, Lodge Room, Arroyo Club, Kumquat, and Civil Coffee. Also conveniently located near the Metro A Line. The property is part of the Mills Act program, which may provide meaningful property tax savings in exchange for the preservation and stewardship of a historically significant property. Buyer to investigate and verify all Mills Act benefits, obligations, and current compliance status. A special opportunity for the buyer who values architectural character, private outdoor space, neighborhood lifestyle, and the flexibility of a true Highland Park compound.