Nestled in the heart of Glassell Park, 3550 The Paseo offers a rare opportunity to own a unique multi dwelling property with major upside potential. The main home features 2 bedrooms and 1 bath across 984 sq ft of vintage charm. Thoughtful additions have expanded the total living area to over 2,000 sq ft (currently in the permitting process), now offering three separate dwellings and a potential fourth space. The second unit includes 1 bedroom and 1 bath, while the third and fourth are stylish loft spaces with baths one with a kitchen, one without. Two units are tenant occupied, and one is owner occupied, providing immediate rental income. Situated on a spacious 7,715 sq ft lot, there's plenty of land to expand or reimagine outdoor living. Whether you're looking to live in one and rent the others, create a creative compound, or invest in future cash flow, this flexible property offers multiple configurations in a sought after LA neighborhood. Permit has been submitted for the additions. Buyer to verify all information and permitting with the city. Don't miss this incredible investment or live/work opportunity in one of Northeast LA's most desirable communities!