ADU Development Opportunity in Hancock Park/Koreatown! Unlock the exceptional potential of this spacious lot, offering multiple development possibilities: a detached 2-story ADU, a garage conversion, and the option to add a JADU. Maximize your build potential with a combination of these options, creating a high-value, income-producing opportunity in one of LA's most desirable neighborhoods. This modern, move-in-ready home was thoughtfully renovated in 2020 and features a bright, open-concept layout. The living and family rooms seamlessly flow into the dining area, all enhanced by designer lighting and premium flooring. The gourmet kitchen boasts quartz countertops, sleek cabinetry, and a spacious pantry perfect for both everyday living and entertaining. The first-floor master suite opens to a private backyard oasis and features a luxurious en-suite bath with a double quartz vanity. Upstairs, two additional suites include a full bath, double vanity and a charming balcony. A private gated driveway offers secure parking with easy access to the rear garage, providing additional storage or vehicle space. Prime Location! Nestled in the heart of Hancock Park/Koreatown, this home is just moments away from The Wiltern, CGV Cinemas, H Mart, Ralph's, Olympic Spa, the Metro, CVS, Galleria Market, and more.