Located in the highly sought-after Magnolia Estates neighborhood of Valley Village, this 5-bedroom, 3-bathroom home presents an exceptional opportunity to create your dream residence. Set on a generous 7,000 sq. ft. lot with 3,159 sq. ft. of living space, this property offers a blank canvas for those looking to design something truly special. For the first time ever on the market, this well-built home is filled with potential and has a great existing floor plan. Whether you choose to renovate, expand, or rebuild from the ground up, the possibilities are endless. The home features a large driveway, attached 2 car garage, cozy fireplace, and ample space for a pool, providing the perfect foundation for your vision. Ideally located just minutes from Studio City, Toluca Lake, and the NoHo Arts District, you'll be surrounded by top-rated schools, trendy dining, and shopping. With nearby parks and quick freeway access, convenience is always within reach. Opportunities like this in Magnolia Estates are rare. Don't miss your chance to transform this property into the home of your dreams!