Calling all investor/developers and savvy owner-users. Introducing a prime opportunity in one of LA's flourishing corridors of eats, drinks and cultural heritage, Historic Filipinotown affectionately referred to as HiFi. Located on a corner/iron-shaped 4,205 sq. ft. lot, 1605 Council presents an exceptional chance to create a personalized haven in a rapidly-appreciating neighborhood with a surge of development. The existing California Bungalow-style structure offers 3 bed and 2 baths, 1281 square feet of living space, a blank canvas for a reimagined single-family home or potentially a redevelopment opportunity utilizing its LAR-1.5 Zoning to its capacity. The surrounding area is known for its convenience and blossoming community, with easy access to well-known local restaurants, cafes and bars: Park's Finest + Woon, Bloom & Plume + Clark Street Bread and Thunderbolt. This property's prime location provides a smart investment opportunity for those with a keen eye for potential. Take advantage of this chance to transform the property into a one-of-a-kind gem in what TimeOut dubs as one of the "50 Coolest Neighborhoods in the World."