Prime Studio City Opportunity! Expand, Rebuild, or Create Your Dream Project. Unlock the full potential of this 6500+ sq ft lot on a tranquil picturesque street in the heart of Studio City. Surrounded by multi-million dollar properties, this 1930's California cottage presents the perfect canvas for builders, developers, or visionaries looking to capitalize on one of the San Fernando Valley's most desirable neighborhoods. Just minutes from The Shops at Sportsman's Lodge, Beeman Park, Studio City Library, trendy eateries and boutique shopping, with easy 101 Freeway and canyon access for seamless commuting to Hollywood, Beverly Hills, and the Westside. The character filled home is oozing with charm and features wood floors, coved ceilings, numerous built-ins, a lovely decorative raised-hearth fireplace, a charming den/office and two generously sized bedrooms that share a full bath with pristine vintage tile, tub and a separate stall shower. The relaxing grounds feature interlocking pavers, a spacious covered patio with ceiling fan, mature fruit bearing trees and a detached guest suite with kitchenette and bathperfect for a separate office or ADU (permit status unknown). Additional amenities include plantation shutters, a laundry room, large storage unit, detached garage and gated parking. Whether you envision a luxury rebuild, a modern expansion, or a lucrative spec project, this property offers an exceptional location, value, and an address buyers covet. Bring your plans and imagination, the possibilities here are limitless.