Opportunity awaits at this charming Spanish Colonial Revival residence set on an exceptionally rare 13,000+ sq. ft. street-to-alley lot in the heart of Studio City. Rich with character and timeless architectural details, this 4-bedroom, 2-bath home offers the perfect canvas for a buyer ready to bring their contractor, designer, and HGTV-inspired vision. Classic Spanish elements include arched doorways, wood-beamed ceilings, hardwood floors, & an abundance of natural charm throughout. The spacious floor plan opens to a large deck overlooking the expansive backyard, pool, and peek-a-boo city light views beyond. The oversized, mostly flat and usable grounds provide endless possibilities for entertaining, expansion, recreation, or creating a truly remarkable private estate. A detached guest house adds flexibility for visitors, a home office, creative space, or future income potential (buyer to verify). Ideally located on a sidewalk-lined street near shopping, dining, & everyday conveniences, including Sprouts market, Daichan, Rouge, & Jinya Ramen Bar. Properties with this combination of character, land, location, & upside are increasingly difficult to find. Whether you're looking to restore and enhance a classic Spanish home or create your dream Studio City retreat, this is a rare opportunity to unlock extraordinary potential on one of the area's most desirable large lots. Bring your imagination... opportunities like this don't come along often. Guest house is permitted as accessory living quarters.