An exceptional opportunity in Los Feliz for an end-user buyer, flipper, or developer on a 9,498 sq ft lot zoned LARD1.5. The property is a 3,642 sq ft single family residence, located just blocks away from Ivanhoe Elementary School, Trader Joes, Gelson's, & some of Silver Lake's best dining on Hyperion Ave. The property offers alley access with four individual 1-car garages, and one additional outdoor parking space. The two-story SFR offers 4 bedrooms + office & 4 bathrooms, hardwood floors, and plenty of original charm to restore, with an estimated ARV of $3MM+ for an SFR rehab. The property zoning (LARD1.5) allows up to 11,730 sq ft of living space to be built per an architect, giving you an ARV for this SLO development over $9.3MM. Also located within proximity to Griffith Park, Silver Lake Reservoir, the LA Zoo, Americana Shopping Mall, and Dodger Stadium. Offering Memorandum available upon request.