MAJOR PRICE IMPROVEMENT! Former celebrity-owned, this private, walled, and gated urban oasis in the heart of Los Feliz is a true testament to the timeless beauty and elegance of Spanish Colonial Revival architecture. Designed and constructed circa 1923 by prominent Los Angeles architect, Frank F. Rasche, this captivating 4 BR/4 BA home spans 3,668 sq ft of living space on a sprawling and lushly landscaped 10,452 sq ft corner lot with pool, spa, and separate guest apartment. You’ll feel transported the moment you enter the compound through the fairytale-like wooden gates and up to the triple-arched Spanish portico with graceful spiral columns. Once inside, you’ll pass through a classic foyer with detailed ironwork, and into the stunning formal living room with 13-foot barrel vaulted ceiling, towering arched Palladian windows, hardwood floors, and exquisitely tiled decorative fireplace. There’s impeccable flow as you move through the adjacent family room/library lined with floor to ceiling shelving, the meticulously updated eat-in kitchen featuring Wolf range and Sub-Zero refrigerator, and the elegant formal dining room with skylights and built-in arched display cabinetry. The Master Suite, with luxurious spa-inspired bathroom, occupies nearly the entire North wing of the home, which also features an adjacent bonus room, currently used as a home office, but could make the perfect nursery or a lavish walk-in closet. The home’s South wing offers 2 more generously sized bedrooms (one with adjacent sitting room), and a vintage-inspired guest bath with walk-in shower and clawfoot tub. Both the Master and Dining Room enhance the home’s dazzling indoor-outdoor flow with French doors that open out to the sun-drenched pool and spa area – an entertainer’s dream! And just above the detached 2-car garage, you’ll find the charming studio guest apartment with kitchenette, bath, and mini-split A/C, providing an ideal retreat for guests or extended family. This sophisticated urban hideaway’s unbeatable location puts you just minutes from the Hollywood Freeway, Griffith Park, The Greek Theatre, The Hollywood Bowl, Franklin Village, LA’s one and only Lazy Acres Market, and all the other shops, restaurants, pubs and clubs this trendy and vibrant area has to offer. *SPECIAL NOTE: This enchanting Los Feliz estate needs to be experienced IN PERSON to fully appreciate its tranquil artistry, privacy, and architectural grandness. SEEING truly is BELIEVING.