This home is all about opportunity! Whether you're an investor, builder, or just simply searching for your next project, this Lakewood Village property is a rare find. Situated on a spacious 7,681 sq.ft. CORNER- LOT, the existing 3- bedroom, 2-bathroom, 1,092 sq.ft. home includes a detached 2- car garage and an expansive backyard with room to grow. The possibilities are endless- remodel the current home, expand the footprint, or maximize value by adding multiple units (buyer to verify with the City of Long Beach). Options abound: The seller's building plans are in the process of receiving final approval from City of Long Beach. There are two separate plans (1) SB9/ADU and (2) Jr. ADU attached to the house. Expected to be finalized by mid-October (Plans not included in the Price). All this, plus a prime location near Long Beach City College, Lakewood Country Club, Long Beach Airport, the LBX shopping center and numerous parks.