Located just minutes from USC in the highly desirable Mid City neighborhood, this charming 5 bedroom Victorian home has significant upside for student housing, while also offering development potential. With a little care and cosmetic updating, a new owner can generate solid rental income, and the property is also situated on a 7,100+ sq ft lot/zoned RD1.5, providing several different options for an ADU or additional units in the back of the property (Buyer to verify). There is an alley in the back, enabling access for future construction. Gated front yard offers security and the long driveway can accommodate parking for several cars. This ideal, centralized location is in close proximity to USC's campus and freeways, providing easy access to nearby dining, shopping and entertainment options. Capitalize on this great opportunity while you have the chance! Please see private remarks for showing instructions.