Opportunity knocks as far as boundless possibilities with this unique property, offering prodigious prospects for developers, investors, flippers, or owner-users with a hankering for a new, worthwhile project. The existing two-story former celebrity home, spanning 2,189 square feet, requires substantial renovation and updates but is situated on a rare, well-oversized street-to-street lot exceeding 10,000 square feet. Additional living space includes a non-conforming guest unit downstairs, adding approximately 200-300 square feet. Nestled within the coveted Los Feliz Oaks hillside beneath the iconic Hollywood Sign, this property boasts incredible 180-degree views. An absolutely perfect canvas for creative minds, it invites you to consider complete redevelopment or a transformative renovation and expansion, potentially incorporating an ADU or even a pool.Enjoy the close proximity to the Bronson Canyon entrance to Griffith Park, and basically have your backyard be nature-filled canyons and a gateway to numerous hiking trails well-suited for conscious engagement and connection with the natural world. Embrace the vibrant lifestyle of being just minutes away from the coolest shops and trendy eateries in Hollywood and Los Feliz, along with some of LA's hippest nightlife. Seize this unparalleled opportunity before it passes you by. Being sold AS-IS.