Rare and exceptional opportunity to develop a prime piece of real estate on the highly desirable Colorado Blvd in Eagle Rock. This property boasts tremendous income potential, featuring 750 sq/ft of street-level commercial space, paired with a spacious duplex above. Located in the heart of a dynamic and thriving neighborhood, you'll be just steps from trendy shops, popular eateries, and vibrant local hotspots. The larger unit is approved for a spacious 4-bed, 4.5-bath layout, offering 2,045 sq/ft of upscale living space, while an additional 2-bed, 2-bath unit spanning 1,236 sq/ft amplifies your rental income prospects. Open space and parking included. This is a rare chance to invest in one of Los Angeles' most sought-after locations, combining high visibility with long-term potential.