Los Angeles! SFR R3 Zoning! Rarely does a home offer such a perfect harmony of historic soul and meticulous care. Held by the same family since 1975, 178 N Mariposa Ave is not just a development opportunity; it is a family-maintained, move-in-ready home perfect for an owner-occupant or a sophisticated investor! Unlike many homes of this era, this residence boasts pride of ownership. From the inviting front porch to the spacious 1,608sqft interior, the home feels solid, warm, and exceptionally cared for. Enjoy a spacious 3-bedroom, 2-bathroom layout with 'good bones,' a cozy fireplace, and a massive, lush backyard that feels like a private park in the middle of the city. It's a peaceful sanctuary just minutes from the energy of Koreatown, Silver Lake, and Hollywood - approximately a 3-mile drive to DTLA and a 5-mile drive to Beverly Hills. The LAR3 zoning and 6,020sqft lot provide a massive safety net. Live in or rent out this well-maintained home now while you plan for future development or the addition of a high-end ADU. Same family ownership for over 50 years. Water heater unit newly replaced December 2025. Entire roof replacement done yr2020. Experience the warmth of a true family home and the security of a premier Los Angeles investment.