PRICE REDUCED OVER 100k! Nestled in the heart of Beachwood Canyon, a neighborhood renowned for its rich Hollywood history, scenic streets, and storybook charm, this 1926 Spanish-style triplex offers timeless character and incredible versatility. Perfect for owner-users or investors, the property features three spacious 2-bedroom, 1-bathroom units spread across two structures: a stately two-story Spanish duplex in the front and a private single-family cottage with its own fenced-in yard. The front duplex boasts classic architectural details like original hardwood floors, decorative fireplaces, and private balconies. Both units offer in-unit laundry, formal dining and breakfast rooms, and dedicated office spaces. The two kitchens have been recently updated, while the upper unit enjoys abundant natural light, stunning Hollywood Sign views, and a newer mini-split HVAC system. The rear cottage, tucked away from the street, also features an in-unit washer as well as a private backyard, providing an ideal retreat perfect for creating your own Hollywood Hills oasis. Whether you're drawn to the idea of living in the detached cottage or the updated upper duplex unit, this property offers incredible flexibility. Additionally, the large lot presents potential for significant value-add opportunities, with space to add up to three detached ADUs, creating a total of six units (Buyer to verify). With fresh exterior paint, new awnings, a fenced front yard, a two-car garage, and off-street parking, this is a rare opportunity to own a character-rich property in one of LA's most sought-after hillside neighborhoods.