This home in the heart of City of Terrace offers a rare chance for investors or homebuyers to craft their dream residence in a Los Angeles neighborhood. The main house features 2 bedrooms and 1 bathroom, complemented by a refinished 1-bedroom, 1-bathroom apartment basement with a separate private entrance. With it's first-time listing on the market in 39 years, this charming property presents a unique opportunity. Located in City Terrace-an unincorporated area of LA County-there is no rent control in this neighborhood! Boasting LCR3 zoning, the property opens up a myriad of possibilities for development and expansion. Plus, enjoy alley access at the back of the house and city views from the patio. With some TLC and upgrades, this house has it all. Don't miss out on this versatile gem!