A rare opportunity tucked away on one of Beachwood Canyon's quiet cul-de-sac streets: two rustic, character-rich 1926 Spanish-style homes, each with its own APN. Zoned LARD4 and held by the same family since 1974, this unique property offers tremendous versatility in an enchanting hillside setting. Ready for its next chapter, the property presents significant upside potential for a buyer with vision. The street-level residence features a warm living room with a fireplace, a charming knotty-pine kitchen with a vaulted ceiling, skylight and cozy built-in banquette, two bedrooms, one bathroom, and an expansive rooftop deck. Behind the front house, a meandering path through mature landscaping leads to the second residence, a wonderfully private hillside retreat with a true tree-house feel. The main level offers a spacious living room with fireplace opening to a private balcony, a separate dining area, a kitchen with a pass-through, and a powder room. Upstairs are three bedrooms and two bathrooms, including one with a spa tub. View balconies capture dramatic canyon and downtown skyline views, while stairs lead to a rooftop offering yet another spectacular vantage point. A bonus area below the residence includes a bedroom, a kitchenette, and a bathroom, providing flexible space for a variety of uses. A two-car garage plus additional off-street parking for four cars is a rare neighborhood amenity. Just around the corner from the heart of Beachwood Village, including the Beachwood Cafe, Beachwood Market and neighborhood shops, with Griffith Park, the Hollywood Sign and miles of hiking trails nearby. Convenient to the Hollywood Bowl, studios, freeways and all that Hollywood has to offer. A truly unique compound combining character, privacy, views and exceptional potential in one of Los Angeles' most treasured hillside neighborhoods.