Expect the unexpected in this 1920s Franklin Hills Bungalow retreat on two separate lots with one of the best flat terraced yards in the area, including spectacular head-on views of the Observatory, Griffith Park, Hollywood, and beyond. As you walk through the fully fenced front entry you will be greeted by a tranquil and lushly landscaped oversized patio with an outdoor stacked stone fireplace with a large hearth, cascading fountain, stamped concrete flooring, plaster walls, sweeping views, and abundant seating and dining areas overlooking the private massive terraced grassy yard with a swing set, playhouse, and shed. This warm and inviting home has a very open, light-filled floor plan, a well-balanced indoor-outdoor flow for entertaining, and rich engineered cherrywood floors throughout. The perfectly centered kitchen offers China butterfly granite countertops, slate flooring, custom cherrywood cabinetry, a double sink, a stainless-steel Thermador Professional gas range, a built-in microwave, and a wide breakfast bar that opens to the living room. Just off the kitchen is the spacious dining room with a pitched ceiling and clerestory windows that flood the room with natural light. The step-down living room highlights a built-in shelving console, recessed lighting, a set of French doors, a glass slider that opens to a breezy covered view deck with an outdoor fireplace, and a gas stainless steel BBQ. At the end of the deck is a private home office/studio with French doors, a ceiling fan, and its own heating and cooling unit. The primary bedroom offers a sitting area, built-in cabinetry, a ceiling fan, an extra-large walk-in closet, an en suite bath with a tumbled marble tiled countertop from Greece, maple cabinetry, glass doors to the tub/shower, and a greenhouse window. On the same level and off the back hallway are the 2 additional bedrooms, a guest bath with an oversized framed mirror, and a travertine countertop with an artisan bowl sink. Down the spiral staircase (or through a separate entrance) is the lower-level guest quarters that house a media room with built-in shelving, a bedroom with glass doors that open to a covered patio, a bath, a laundry area with a side-by-side washer and dryer, and a basement area for storage. Additional features include central air and heat, a retrofitted foundation, 2 parking spaces, room for a pool, updated electrical and plumbing, replaced sewer-line lateral, and other upgrades throughout the years. There are two separate lots totaling 9,881 square feet. Consult with your contactor regarding building opportunities as one lot is vacant (yard) and the other has the house built on it. Franklin Elementary District zoned. As-is sale with no repairs or credits. Live the Southern California Dream!