4969 Twining St Los Angeles, CA 90032

This exceptional multifamily investment opportunity in Los Angeles' El Sereno neighborhood presents a beautifully renovated 4-bedroom, 2-bathroom single-family home situated on a substantial 6,566 square foot lot. The property boasts a modern kitchen with premium counters and an island, perfect for entertaining. The primary suite includes a walk-in closet and luxurious ensuite bathroom. Additional features include a large covered patio, oversized driveway, and a detached garage. The property's LARD3 zoning and lot extending from street to alley presents potential for future development, such as adding additional units or an accessory dwelling unit (ADU), potentially leveraging SB9 opportunities. This property is located in a census tract eligible for a $50,000 grant and special financing options through City National Bank, potentially allowing for a minimum down payment with no mortgage insurance. The asking price is $899,000. The property's APN is 5218-015-011. This is an owner/user investment opportunity with no ground lease. Further details regarding grant eligibility and financing are available through City National Bank. This is a prime investment opportunity in a desirable Los Angeles location, offering both immediate income potential and significant long-term growth prospects.