Located in the heart of Silverlake, this exceptional opportunity offers versatility, scale, and long-term potential on an expansive corner lot zoned LARD5. Whether you're seeking an income-producing asset, future multifamily development opportunity, or a centrally located residence near some of Los Angeles' most dynamic neighborhoods, this property delivers. The 5-bedroom, 4-bath home spans approximately 2,278 square feet on a 6,057 square foot lot and has undergone extensive upgrades throughout in 2022. Improvements included a fully renovated kitchen and bathrooms with new cabinetry, quartz countertops, tile flooring, updated fixtures, recessed lighting, dual-pane windows, new ducting, upgraded electrical with 200-amp service and 50-amp subpanel, tankless water heater, newer roof, and solid hardwood flooring throughout. Privately positioned with a secluded backyard and generous outdoor space, the property is moments from the renowned dining, shopping, nightlife, and cultural attractions of Silver Lake, Echo Park, and Downtown Los Angeles.