HUGE PRICE REDUCTION!!! Decades of love have filled this gated 3000+ sqft turn of the century 5 bedroom 3 bathroom home situated on an *R3* lot totaling 7,482 sqft. This home, owned by the same family since the 1970s is the perfect opportunity to make it your own or for an investor and/or developer's next big project! Downstairs features a large living room area with fireplace just steps from the kitchen and dining room along with 1 bedroom/1 bathroom and laundry room. Upstairs includes 4 bedrooms with 2 bathrooms plus a bonus room and deck. This home also has a walk down basement which makes for great extra storage space and/or wine cellar. The backyard includes a garage converted to a recreation room and a large flat grassy area with mature avocado and guava trees. Located just minutes to Silver Lake and DTLA this property is truly a gem and a must see!