Welcome to a stunning blend of historic elegance and modern convenience in this meticulously restored Craftsman home, located in the heart of the Hollywood Studio District. This 3-bedroom, 3-bathroom beauty boasts a harmonious mix of original charm and contemporary updates. Step inside to find original hardwood floors that have been lovingly restored, highlighting the main living areas with their timeless allure. The home's thoughtful design seamlessly connects indoor and outdoor spaces, with two bedrooms opening onto a spacious back deck—perfect for entertaining or enjoying serene moments in the expansive backyard. The lower level of this home offers a fully finished studio, complete with a kitchen and bathroom, providing an excellent space for guests or a potential rental unit. This studio, which could generate approximately $1,800 per month, also has the potential to be permitted as an ADU, adding to its versatility and appeal. Situated near the lively Franklin Village, you'll enjoy easy access to trendy shops, cafes, and restaurants, placing you right in the midst of Hollywood's vibrant lifestyle. This prime location offers an exceptional opportunity for those seeking a beautifully updated home with character. For developers, the property’s R-4 zoning is an added bonus, making it a highly desirable piece of land in a sought-after area. While the home holds historical significance, recent discussions about remapping the La Brea Historic zone and a previously issued demo permit in 2007 present intriguing possibilities for future development. Embrace the opportunity to own this unique Hollywood gem, where classic craftsmanship meets modern living, and endless possibilities await.