Although this property has been thoroughly and beautifully renovated to be marketed as a high- end single family residence, it works just as well, and possibly better, as a development play, as follows: It consists of two parcels, one of which is C zoned and allows for 11 units, and the other is zoned RD2 and allows for 4 units plus 2 ADUs. So that's a total of 17 units that would sit on two lots, totalling 17,000 sq ft of flat land.There are a myriad of ways to maximize the value of this property as multiple dwellings, all of which would incorporate the use of the newly renovated dwelling. The property sits right smack in the middle of iconic, historic Angelino Hts, where units get top rents. The reason why, if you don't know about Angelino Hts, is because: a) it has the largest concentration of Queen Anne and Victorian homes of any neighborhood in all of California, and b) location-wise it offers the best of both worlds, in that it is a very tranquil neighborhood, a 'stone's throw' away from Silver Lake and Echo Park in one direction, but also a 5 minute drive to downtown without using a freeway. It also is a one minute drive to the 101 freeway, the 110 freeway and the 2 freeway and the 5 freeway, making it very convenient to get to studios and anywhere else in L.A. Showing is easy. Just call listing agent.