Sitting regally above the street, this 1930's Spanish beauty offers unparalleled potential. Up a long & gated driveway, enter the gated courtyard and step up to majestic front door. The entry, with sweeping stairway and wrought iron railing, welcomes you into this spacious hacienda. Wrought iron gates stand sentry over the expansive living room, it's immense arched window at the far end engulfs the room with sunlight, highlighting the hand painted beams and reflecting off of the hardwood floors (protected under carpeting for untold years). The spacious dining room, also with hand painted beams and hardwood floors beneath carpet, is off of the formal foyer and opens to the kitchen through a pair of swinging doors. The generously sized kitchen offers dual wall ovens, an eat-in breakfast area, views over the backyard. The dedicated laundry room with access to the backyard is off of the kitchen. The main floor also offers an office/den, 3rd bedroom with 3/4 bath and an additional 1/2 bath. Up the grand, curved, stairway is a spacious landing overlooking the entry, 3 bedrooms (or 2 bedrooms + nursery?) and 2 full bathrooms. The primary bedroom with walk-in closest boasts a large, private balcony with peek-a-boo view to downtown LA. The basement is an added bonus offering space to create your own special space, wine cellar, secret storage, whatever your desire. Old world charm emanates from throughout this beautiful home, while offering incredible potential and the possibility to create your own private retreat. Sited on a large lot, the long and gated driveway leads to a detached 2 car garage with garden storage closet behind and space to keep those cumbersome trash cans hidden out of the way.