Investors...Bring your cash offers! This is a great fixer with huge upside potential. Two separate homes on a flat 7,500 sf lot in El Sereno, one of the most up-and-coming neighborhoods in North East LA. Built in 1923, the front house offers approx 800 sf of living space, 2 bedrooms 1 bath and is ready to be revitalized. The back house, built in 1964, features 1,200 sf, 3 bedrooms 2 baths and an attached 2 car garage with alley access. The back house is tenant occupied and collects approx $990/mo in income. Each home has it's own garden, laundry area, electric & gas meters. Don't miss this opportunity to invest in El Sereno while you still can! First time on the market since the 1960's. Bordering Alhambra, and minutes to Downtown LA and South Pasadena, public transit, 10 & 710 fwys and much more. Please do not disturb the back tenants. Sold-as-is. ZONED LARD 1.5-- the lot has potential to build multiple units.