3741 Woolwine, Los Angeles, CA 90063

Description

Tucked into the hills of City Terrace- an artsy, up-and-coming enclave in unincorporated L.A. County with development-friendly zoning and fewer city restrictions- this mid-century-inspired home delivers privacy, personality, and serious flexibility. Impressively renovated over the past five years, the two-level property includes a stylish 2BR/1BA primary residence upstairs and an entirely separate 1BR/1BA bonus studio below, each with its own entrance and private outdoor space. Amazingly, this home's location qualifies it for the Community Reinvesment Act (CRA), which means there are 2% down payment GRANTS, 1% out-of-pocket down payment options, discounted interest rates below market available, and NO PRIVATE MORTGAGE INSURANCE options available for qualifying owner occupants! Whether you're thinking of multigenerational living, rental income, shared ownership, or the ultimate live/work setup, this one has got you covered! The home was taken "down to the studs" and rebuilt to upgrade the electrical and plumbing, reconfigure walls, add fresh insulation, dual-pane windows, recessed lighting, and a Nest-controlled HVAC system. The sleek kitchen has quartz counters, custom cabinetry, and a full suite of stainless appliances (including an in-unit washer/dryer, refrigerator, dishwasher, range, and vent hood). Bedroom blackout roller shades for lazy Sunday mornings are the kind of designer touches that make the whole space feel like a page from Dwell. Downstairs, the studio unit is equally dialed in with updated electrical, plumbing, and windows. It has a yard and a flexible floor plan that works perfectly as a creative studio, music space, or home office. Quartz countertops, a built-in fridge, a convection oven, recessed lighting, and a Bluetooth speaker light in the bathroom? Yep, it's got all the cool touches. Previously and recently rented at $1,850/month, it's also a smart way to offset your mortgage. Outdoor lovers will appreciate four separate spaces: a cozy private front patio, a large entertainer's deck with hillside views, a private yard for the lower unit, and a spacious rear lot ideal for your ADU dreams, garden oasis, or future expansion (buyer to verify). Lemon, orange, and pear trees add charm, and the sweeping views take in the San Gabriel Mountains, the Hollywood sign, Griffith Observatory, Dodger Stadium, and even a sliver of DTLA. Moments from Cal State LA, City Terrace Park, local hangouts, and the I-10 and 710 freeways, this move-in-ready property combines thoughtful upgrades, income potential, and creative energy in one of East L.A.'s most promising neighborhoods.

Features

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• 0.11 Acres
• 2 Stories