5323 Aldama Street

Pride of ownership and first time on the market in over 40+years! Calling all investors/developers looking for income potential and eager owner-users are also welcome who are ready to create a dream home with the benefit of supplementing your income. Here's an opportunity to own a rare (will be delivered vacant) beautiful craftsman on a huge corner lot with an attached ADU/guest unit located in the scenic hills of Highland Park Heights, in trendy highly sought after Highland Park. The main house is an expansive 3 bedroom 2 bath house w/ a formal foyer that leads you to a light bright living area that boasts original beams w/ a romantic fireplace & elevated formal dining area w/ plenty of room to entertain family & friends. The oversized bedrooms all have huge closets (some are full walk in closets) with storage galore! The attached guest/income unit is a 1 bed/1 bath unit with its own private rear entry way that features its own kitchen. The perfect guest or rental unit! This property beckons to be re-imagined and will surely command high rental income once restored. A newer roof and updated copper/ABS plumbing are featured, all you need is to update cosmetically and earn! The expansive corner lot has endless possibilities with tons of parking that feature a 3 car garage that can be converted to an ADU (verify with the city) to maximize even more earning potential. Mature landscaping provides privacy & surrounds the large backyard, there's no denying the huge potential this property has to offer. The location anchors itself to the bustling northeast LA living with its close proximity to Eagle Rock, Pasadena, DTLA and some of the hottest retail and dining spots in the surrounding neighborhoods of Highland Park. . Come with an open mind and excitement as you realize the opportunity to stake claim and make this Highland Park opportunity all your own. Huge value add and sweat equity opportunity. Perfect for the novice to savvy investor. Call today for a showing as this one surely won't last!