751 N Alfred ST Los Angeles, CA 90069

This French Provence style chateau is located just a short distance from the luxury shopping of Melrose place. The French countryside landscaping with decomposed granite and olive trees creates a peaceful and serene relaxation environment when passing through the charming wrought iron gates. The building comprises four (4), two bedroom, 1 bath units that are just under 1,000 square feet each. Three of the four units will be delivered vacant. This creates a unique opportunity for an owner-user to combine several of the units for a private residence, or repositioned for longer term rental income. For future development potential, the [Q] R3-1 (TOC Tier 2) zoning will allow, by right, to develop up to 8 units. For additional income, the rear two (2) garages are currently leased on a month to month tenancy ($750/Mo.). For added convenience, there is a carport or a covered artist work area with alley access