3550 The Paseo, Los Angeles, CA 90065

Nestled in the heart of Glassell Park, 3550 The Paseo offers a rare opportunity to own a unique multi-dwelling property with major upside potential. The main home features 2 bedrooms and 1 bath across 984 sq ft of vintage charm. Thoughtful additions have expanded the total living area to over 2,000 sq ft (currently in the permitting process), now offering three separate dwellings and a potential fourth space. The second unit includes 1 bedroom and 1 bath, while the third and fourth are stylish loft spaces with baths--one with a kitchen, one without. Two units are tenant-occupied, and one is owner-occupied, providing immediate rental income. Situated on a spacious 7,715 sq ft lot, there's plenty of land to expand or reimagine outdoor living. Whether you're looking to live in one and rent the others, create a creative compound, or invest in future cash flow, this flexible property offers multiple configurations in a sought-after LA neighborhood. Permit has been submitted for the … read more …