House and Guesthouse on a Large LOT: Builder & Investment Opportunity in the Highly Desirable Wiseburn School District! Endless possibilities await on this expansive lot of nearly 9,000 square feet with 2 separate addresses (4861 & 4863 142nd Street). Whether you plan to move right in, renovate, expand, build, or add additional income-producing units i.e. ADU(s), this property offers incredible potential. (Buyer to verify the possibility for 2 ADU's and a Jr ADU with the LA County Building Department). The front house is a charming Spanish-style residence built in 1930 offering 2 bedrooms, 1 bathroom and approximately 1,062 square feet of living space and is move in ready. Original character abounds with soaring 10 foot vaulted ceilings, a cozy wood-burning fireplace, wood flooring, built in hallway cabinetry, beautifully detailed ceilings, an enclosed front entry & a fenced in front yard. The rear dwelling i.e. guesthouse, also built in 1930 is a 352 sq. foot studio with a basement below. Bring your ideas and tool belt for this one! This generous lot has been thoughtfully divided by fencing to provide separate front and rear yard areas for each residence. Adjacent to the rear property is a detached one-car garage currently used for storage. Properties with this combination of lot size, development potential, and location in the Wiseburn School District are exceptionally rare. This is an opportunity you won't want to miss.

Listed by Julie DeCoste of Estate Properties (310) 308-2831



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Last checked 2026