This 1906 California bungalow is a true diamond in the rough with a motivated seller ready to let go of this gem located in the heart of Silver Lake! Once an artist's compound, this property will require some creativity to live up to its full potential. Listed as a three bedroom and one bath, this home has multiple other rooms that can be a future framework for an ADU and junior ADU, boosting other income earning potential. Zoned as LAR2, the right investor can max out the allowable dwellings by adding another home on the property. This property offers a large enough lot to accommodate two houses and still have plenty of space for parking. Seize this incredible development in Silver Lake on a 7,337 square foot lot. Don't miss this opportunity to own in Los Angeles and make it your own!