Welcome to your own private retreat in the heart of the Valley. The Clara Alexanian House is a one-of-a-kind offering: a 1933 Spanish Colonial Revival designed by architect James H. Garrott, set on a rare 26,000 sq ft flat, street-to-street compound in Van Nuys, adjacent to Lake Balboa. At 0.61 acres, this single-parcel estate is roughly 5x the size of a typical LA residential lot. The 2,675 sq ft main residence (4 bed / 2 bath) preserves authentic Spanish Revival character--hand-painted tile, original detailing, and irreplaceable period craftsmanship--paired with thoughtful modern upgrades. One bedroom and a full bath on the main floor offer flexibility for guests, extended family, or a private home office. The remodeled upstairs bath and updated systems make the home move-in ready. Outside, a resort-style pool is framed by mature, private landscaping. A detached accessory studio offers flexible space for a home office, guest quarters, or creative use, with ADU conversion potential subject to permits. An entertainer's dream: an established mini-orchard with lemon, lime, orange, persimmon, calamansi, pomegranate, and fig trees, surrounded by mature gardens and abundant flat outdoor space. A horseshoe driveway with dual gates allows easy ingress/egress and on-site parking. Fully gated and private. Major systems are modern: owned solar, underground utilities, copper plumbing, 200-amp electrical, multi-zone HVAC. Strong location fundamentals: established 91406 neighborhood, parks and dining nearby, the Ventura Blvd corridor minutes away, convenient access to the 101, 405, and 118, and CSUN close by. Within the LA Transit Priority Area, ~1 mile from the proposed Sepulveda Transit Corridor station. For buyers who value scale, architecture, and long-horizon optionality, a rare opportunity. The lot accommodates estate-style compound living, multigenerational layouts, period-appropriate restoration, and--subject to buyer due diligence--ADU additions or SB9 lot-split strategies under (T)R1-1 / (T)RS-1 dual zoning. ZIMAS reflects potential historic significance; no current Historic-Cultural Monument designation. Previously under contract in 2023 at $1,800,000. Property website: Offered as-is, standard sale only. All information regarding zoning, development potential, ADU possibilities, SB9 eligibility, permits, transit plans, and historic status is deemed reliable but must be independently verified by the buyer.