4861 w 142nd street

RARE Builder & Investment Opportunity in the Highly Desirable Wiseburn School District! Endless possibilities await on this expansive lot of nearly 9,000 square feet. Whether you're looking to renovate, expand, build, or create additional income-producing units, this exceptional property offers incredible potential. This property currently features two homes on one lot with separate addresses (4861 & 4863 W 142nd Street). 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. Original character abounds with soaring 10 foot vaulted ceilings, a cozy wood-burning fireplace, wood flooring, built in hallway cabinetry, beautifully detailed ceilings, and a covered front entry. The rear home, also built in 1930, is a 352 sq. foot studio with a basement below that offers storage or the perfect place for a wine cellar. The rear structure is in tear-down condition, creating an ideal opportunity for redevelopment. The generous lot has been thoughtfully divided by fencing to provide separate front and rear yard areas for each residence. Parking is exceptional, with room for approximately 10-12 vehicles, plus a detached one-car garage adjacent to the rear home currently used for storage. Properties with this combination of lot size, development potential, and location in the Wiseburn School District are exceptionally rare. Whether you're a builder, investor, or buyer looking to create your dream property while generating future income, this is an opportunity you don't want to miss.