Purchase price: $645,000 Cash invested: $1,000,000 Purchased 11k sq ft historic funeral home which had been partially converted to a strictly residential property by former owners.Reconfiguring property interior to hold 13 apartments (8x studios, 4x 1 BR, 1x 2 BR) and retail space for a restaurant, coffee shop, wine bar, etc.

I currently own two one beds, located in Carroll Gardens and Park Slope, I also own a 3 bed in South Slope that I live in.In regards to the four neighborhoods you mentioned and how they will potentially appreciate, I would say the following:PLG- I wouldn't buy a one bed unit here, as it primarily attracts families looking for relatively affordable singe family town houses, and doesn't offer much that young professionals would be attracted to.Prospect Heights- A great area full of dinning options, transportation, bars, etc. 

There is a handy search bar in the upper right that makes it easy to find previous discussions, blogs, podcasts, and other resources.

The current project is converting the former wet-bar to a kitchenette in the lower level.

Bar of entry is reasonable too

Los Angeles County Resident.Currently: Licensed Contractor, restauranteur, & bar owner. 

Interestingly enough, I recently came across a new townhome with ADU (basically a bedroom with a walk-in closet, bathroom (stand alone shower) and a wet bar.

However, I have always seen it as a limiting belief that needs to be snapped.My first ever partnering experience happened back in my college days when I tried to open up a wine bar with a former friend of mine.

Proof that it was working upon their arrival is quite a high bar to meet. 

Go to the bar!"