Attention investors, developers, and skilled owner-users — this is the Silver Lake hillside opportunity you’ve been waiting for. Perched in the coveted hills of one of LA’s most sought-after neighborhoods, this Spanish Revival treasure offers sweeping views and compelling value-add potential. The main level delivers 2 bedrooms and 1 bath with authentic period finishes and timeless architectural character. Below, an unpermitted ~500 sq. ft. lower level presents a prime opportunity to expand — potential additional dwelling unit, studio, or bonus living space, subject to permitting and buyer’s due diligence. The bones are there, the views are spectacular, and the upside is real. Restore this magnificent Spanish-style home to its former glory, unlock the lower level’s potential, and plant your flag in a neighborhood that continues to command strong buyer and renter demand. This is a project property priced for opportunity — bring your contractor, bring your vision, and make it happen. Sold as-is. Buyer to independently verify all permits, square footage, and ADU eligibility.