Impeccably refinished 1920s Spanish revival in the trendy Hyde Park community. This Gem is truly a dream home that is equipped with all modern upgrades and more importantly, Big ticket items such as new electrical rewiring, copper plumbing, updated roof, irrigation system, and Central AC/heating. Walk into a spacious open floor concept with a modern interior design and custom finishes. 3rd ave is located in a desirable location...only 6 blocks from Crenshaw Blvd where there is currently a massive redevelopment project in process. Adjacent to Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project, this pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (3mi), LAX airport (6.5mi), and Santa Monica Pier. BUT WAIT, there are 2 huge incentives for this home. 1) This property will qualify for a 3.85% 30 year fixed rate or 0% downpayment. 2) The property will be delivered with ADU plans for a 3/2 new home in the rear (renderings on pic section). Pro-forma in this area for 3/2 homes are between $3800-$4200.