423 S Commonwealth Ave

Charming Spanish-style residence currently operating as a licensed Catholic preschool. Approx. 4,218 SF building on a spacious 8,503 SF lot in the heart of Rampart Village, surrounded by apartment buildings. Zoned LAR3, offering excellent potential for multi-family development or continued school/childcare use. Features 5 rooms, 4 bathrooms, gated yard, and central HVAC. A rare opportunity for both investors and operators in a high-density Koreatown-adjacent location.