1920s residence with development potential in the heart of Hollywood! This two bedroom/one bathroom home sits on a generous 7,052 SF LARD1.5 lot and features hardwood and tile flooring, a functional layout, and a long driveway with tandem parking for at least two cars. A standout feature is the PERMITTED 480 SF RECREATION ROOM with a half bath, ideal for a creative studio or home office, bringing the total living space to 1,548 SF. The expansive lot and zoning allow for ADU potential and possible future development (buyer to verify). Being in the heart of Hollywood there is easy access to the wonderful restaurants and shopping the area is known and loved for. Some nearby popular spots include Osteria La Buca, Ggiata Delicatessen and Great White! Located less than half a mile from the new Echelon Studios Complex project of 550,000 SF of new production studio, office, and retail space set to be completed this year. Rated 'Very Walkable' with a score of 89!