This extraordinary 5BR/4BA compound nestled in the hills of Studio City offers an unparalleled "two-in-one" living experience. A stunning additional dwelling unit (ADU) was added to the compound in 2022, perfect for a long-term guest, a versatile live/work space, or income potential. Step inside the ADU's spacious, open-concept layout, seamlessly blending the living, dining, and kitchen areas adorned with sleek Samsung Bespoke appliances. The bathroom exudes elegance with its stone countertop and a step-in shower featuring frameless glass doors. The 461 sq.ft. ADU is complemented by a recently renovated swimming pool and pool deck, boasting captivating northeast-facing views encompassing Universal Studios, including the enchanting Hogwarts' nightly fireworks spectacle and the shimmering city lights. You'll even catch the iconic Hollywood Sign from the primary bedroom, kitchen, and pool deck. Adjacent to the pool, an elevated spa, a built-in fire pit, and an outdoor living area beneath a canopy of twinkling white lights create a picturesque setting. Beyond the ADU's retractable sliding glass wall lies a generously sized lawna rarity in the Hillsserving as the connecting focal point for the two homes on this 10,011 sq.ft. lot. The primary home, originally constructed in 1941, spans 2,810 sq.ft. and elegantly marries contemporary updates with the timeless allure of early Hollywood. Four bedrooms, including an en-suite primary bedroom with double sinks and a step-in shower, are located upstairs, while guest rooms share a well-appointed bathroom with a tub/shower combo. On the ground level, a series of inviting spaces provides opportunities for gatherings and peaceful nights in this prestigious celebrity enclave. The bright living room is enveloped by windows on three sides, showcasing views of the city, while a bay window and double-hung windows frame the room's fireplace. A sliding door leads to a covered outdoor entertaining area, accessible from the gourmet kitchen and dining space. The kitchen boasts high-end appliances, including a 4-burner Thermador range, Viking refrigerator, stainless-steel dishwasher, and wine refrigerator. Original leaded glass cabinet doors from the '40s add a touch of early Hollywood charm. Additional features of this remarkable property include a 2-car garage, a terraced front yard, a spacious front porch perfect for relaxing, mature landscaping, and a corner lot location. The story of how this alluring ADU and the stately 1940s classic home found each other might read like a romantic comedy, complete with twists and turns. Now, they stand side by side atop a Hollywood hill, creating a harmonious and perfect pair. This is where the story ends, and your next chapter begins!