Welcome to 3531 N. Figueroa Street, an incredible investment opportunity in one of Northeast LA's most rapidly transforming neighborhoods. This 1905 Craftsman-style home is zoned LARD2 and City Planning allows for up to 2500 additional square feet in potential ADUs on the lot. This location is superb, and puts you within easy reach of everything NELA has to offer! With a spacious 1,401 sq. ft. of living space, the home features original hardwood floors, charming built-in shelving, and a functional and logical layout that invites creativity and modernization for its next owner. There is a long private driveway for easy, guaranteed parking, a fruitful avocado tree and a large basement that can be utilized for tons of extra storage. This home puts you just a short walk or quick drive away from everything Mount Washington has to offer, including hiking trails, beautiful urban parks and even a world-renowned meditation center. You're also steps from the emerging Figueroa corridor, known for its growing lineup of coffee houses, restaurants, and art spaces, as well as easy access to the 110, Gold Line train and, of course, DTLA. This stretch of Northeast LA continues to transform by the day! Are you ready to be a part of Los Angeles's next great revival? Whether you're envisioning a restored Craftsman gem, a family compound or a superb urban investment, check out 3531 N Fig before you miss out!