BUILDERS, CONTRACTORS, DEVELOPERS, and OWNER-USERS! Presenting an extraordinarily rare and valued development opportunity! A magnificent, sprawling 14,000 sq.ft. DOUBLE LOT perfectly sited in the middle of one of the finest streets in one of the most sought after areas in Studio City: Footbridge Square. An idyllic, picturesque tree lined neighborhood where the famed Footbridge takes you across the LA River into the heart of Studio City's famed shopping and dining district. World class eateries, chic boutiques, spas, galleries and studios are just a short stroll away! For the traditional buyer looking to put their own design mark, update or add on, the home is a beautifully maintained 1930's classic California ranch with abundant architectural details including soaring wood beamed ceilings, exquisite crown moldings throughout and beautiful wood floors. Highlights include an expansive swimmers pool and separate, attached guest suite plus bonus room/studio. Ideally located in the award winning Carpenter Charter School District and just minutes from CBS, NBC, Universal, Disney, and Warner Bros. Studios, Weddington Golf and Tennis, the Studio City Rec Center and Beeman Park, and all the best of what fabulous Studio City has to offer!