Prime development opportunity in the Heart of Atwater Village - Zoned LARD3! 3-bed, 1.5-bath Traditional home, nestled on a spacious 5,400 sq ft lot. Built in 1926 and well maintained. House is dated, but the lot and zoning are the true value due to it's potential, and opportunity. Property is ideal for those looking to restore, expand, or redevelop--with the flexibility to explore multi-unit options, perfect for generating income or accommodating multi-generational living. Inside, the home features a classic layout that await your personal vision. Step into the expansive, hardscaped backyard and imagine the possibilities: a detached 2-car garage with an attached covered patio provides an ideal footprint for an ADU, office, studio, or workshop.Located in the highly sought-after Atwater Village, known for its tree-lined streets, eclectic charm, and strong community spirit, this home is surrounded by timeless architecture--from Spanish Revival to Craftsman. Enjoy easy access to the 2, 5, 10, and 110 freeways, and be just minutes from Silver Lake, Eagle Rock, Highland Park, Glendale, Pasadena, Griffith Park, Dodger Stadium, Downtown LA, Universal Studio, and more.Whether you're looking to create your dream home, generate rental income, or invest in a thriving neighborhood, this is a rare opportunity you won't want to miss.