A rare chance to own a beautifully preserved 1928 Spanish-style duplex fronting the street in a gated Los Angeles compound, offering timeless character and meaningful rental income at a great price. Offered as one of two buildings in a TIC compound alongside a beautifully 2020 built modern residence. The large 1,646 Sq Ft Historic Townhome will be delivered VACANT, with the 2bd Garden Flat generating up to $36,000/year to offset your mortgage. The Historic Townhome spans two stories with 4 bedrooms and 2.5 bathrooms, a formal dining room, in-unit washer/dryer, a private al fresco yard, and an oversized kitchen pantry. The Garden Flat offers 2 bedrooms and 1 bathroom, complete with a charming front porch, retro breakfast booth, kitchen skylight, oversized closet, in-unit washer/dryer, and a private front yard. This is an ideal opportunity for first-time home buyers or investors seeking historic character paired with strong income potential. Located in South Carthay / Mid-City West, Los Angeles just minutes to Starbucks, Target, and Sprouts, and close to the Original Farmers Market, The Grove, and Museum Row (LACMA, the Petersen Automotive Museum, and the La Brea Tar Pits). Approximately a 15-minute drive to Beverly Hills, West Hollywood, DTLA, and Hollywood, with easy access to Larchmont Village and the I-10 Freeway.