Versatile residential-income opportunity in a central Los Angeles location near Koreatown, Downtown Los Angeles and USC. Situated on an approximately 5,908-square-foot LAR3 lot, this character property consists of two buildings with approximately 4,103 square feet of total building area. The main building features 5 bedrooms and 4 bathrooms, while the secondary building offers 4 bedrooms and 2 bathrooms, providing a flexible configuration for an owner-user or income-property investor. Spacious interiors feature updated flooring, recessed lighting and flexible living areas with abundant natural light. Highlights include generous rooms, inviting living spaces, a fireplace, updated kitchens and bathrooms, interior laundry facilities and a covered porch. The upper-level space offers outdoor access and views toward the Downtown Los Angeles skyline. A combination of private and shared areas provides flexibility for a variety of living and income-property arrangements. Conveniently located near major employment, dining, shopping, entertainment and transportation destinations throughout central Los Angeles. Buyer to independently verify all permits, square footage, unit configuration, bedroom and bathroom counts, zoning, rent-control status and allowable uses.