Not sure of the layout, but a fenced yard, ample parking, storage, or any reasonable safety precautions can help, too. 

Yes.I'm talking about a key to the main entrance.Which gives access to not only the building, but the basement with storage areas, laundry....Ok, I see that I'm in the extreme minority here.Resume with your normal scheduled programming...

I'd probably take a sledge hammer to it or build a storage shed on the foundation

This is what we are considering...5 bedrm, 2 bath (1830 sq ft)- 1st floor = 2 bedroom, 1 bath- 2nd floor = 3 bedroom, 1 bathBoth have their own full kitchens, laundry rooms and private storage in the back yard.Sell for $373,000?

Growing Wealth in Self Storage by AJ OsborneLong-Distance Real Estate Investing by David GreeneStoring Up Profits by Paul MooreThe Multi-Family Millionaire Vol II by Brian MurrayTwo of these I have read before and am just going through a second time. 

Multi family versus retail versus industrial versus self Storage etc).

House Hacking single family residences by either adding an ADU or renting out spare bedrooms, and even your garage space for storage can help alleviate the high costs of living in LA.

I have a HELOC that is still in the draw phase, so that's the obvious storage spot for RE emergency funds/storing tenant deposits (know your state's tenant deposit laws though!).

She has a beautiful apartment with her own garage and washer/dryer, plus a full attic for storage as well as all utilities paid at well below market value.

Would the lot be zoned for a storage business?