715 E 83 Street, Los Angeles, CA 90001

Investor / Flipper Special or value oriented homeowner 2-Bed Home on Large Lot with Proposed Schematic Plan Included! Classic California bungalow located in the heart of the Florence neighborhood. This solid residence on a spacious 5,101 sq ft lot offers excellent potential for value-add investors, developers, and flippers. The property is being offered as-is with a proposed SCHEMATIC plan included in the listing materials. This conceptual redesign demonstrates how the existing floor plan can be optimized including the potential to create a 3-bedroom configuration along with improved kitchen flow, pantry, built-in storage, and stacked laundry area. Opportunity Highlights: Proposed Plan shows smart reconfiguration for better functionality and potential 3rd bedroom Large 5,101 sq ft lot with strong ADU potential under LAR2 zoning, duplex +2 ADU Classic single-story layout ready for interior updates Ideal for investors seeking sweat equity or redevelopment projects Conveniently located in Florence with easy access to public transit, shopping, major freeways, and downtown LA. This is a prime opportunity for buyers looking to customize or maximize returns in a neighborhood with growing demand. Whether youre a developer, house flipper, or visionary homeowner, bring your ideas and make it your own!