Rare Shadow Hills flexible property with 1920s farmhouse character and two separate living spaces. Ideal for an owner-user, multi-generational living, guest quarters, or live-in-one/rent-one income potential. Set within Shadow Hills' coveted equestrian community, this gated property offers a unique blend of privacy, character, and versatility in one of Los Angeles' most charming hillside enclaves. Framed by scenic views and filled with natural light, the home captures the warmth, charm, and relaxed California lifestyle that make this neighborhood so beloved.Currently configured as two separate 1-bedroom, 1-bath residences, the property provides exceptional flexibility for a variety of living arrangements. The upper unit features a bright and inviting sunroom that can easily function as a home office, creative studio, guest room, or additional living space. Sunny interiors flow seamlessly to inviting outdoor areas designed for both quiet enjoyment and effortless entertaining. The grounds embrace Shadow Hills' equestrian heritage with a corral area, while a detached garage offers additional utility and potential for a workshop, stable conversion, storage, or future expansion.Offering the rare combination of light, land, privacy, and adaptability, this distinctive property presents an exceptional opportunity to enjoy the best of Shadow Hills living while remaining conveniently close to the city. Whether you're seeking a private retreat, income-producing investment, multigenerational compound, or a charming home with room to evolve, this special property is rich with character and possibility. Both units are vacant.