A magically transportive trophy income property tucked behind a gate and privacy hedge in prime Los Feliz, where being at home feels like an eternal vacation. Remarkable opportunity to offset your mortgage with built-in rental income as an investor or owner-user, this ultra-charming c. 1922 triplex features two distinct structures - in front is a stately and gracious two-story Spanish with properly apportioned upper and lower units, and in the backyard is an absolutely enchanting detached California Bungalow with its private gated outdoor space. Replete with architectural details and quality finishes throughout, the front structure includes upper unit 4309 Kingswell (2BR/1.75BA) and lower unit 4307 Kingswell (2BR/1BA). In the backyard, the detached bungalow at 4305 Kingswell (2BR/1BA) is an absolute gem, and possibly the crown jewel of the property. These units perfectly blend character details with modern upgrades, and airy spaces flow seamlessly from one room into the other, with decorative fireplace (tiling and mantels), gorgeous hardwood floors, built-ins, generous closeting, calming bathrooms and curved archways and cutouts throughout. Bright and cheery kitchen spaces boast ample counter space for meal preparation, custom cabinetry, stainless steel appliances and stackable washer/dryer closets. Upper unit 4309 Kingswell's vintage Juliet balconies offer views of downtown, the hillside and the mountains beyond. The front yard outdoor living space and curated garden has multiple defined areas to relax, gather, and entertain. Abundant off-street parking for all 3 units on the driveway and the rear of the property. Ideally situated in coveted Los Feliz, mere minutes away from a number of the most desirable neighborhood establishments in the area, including Alcove, All Time, Jeni's Ice Cream, Lou's Wine Shop, Maru Coffee, Tacos Tu Madre and much more. Major freeway access for commuting and the trails at Griffith Park are a stone's throw away. This incredibly rare income property opportunity provides a refuge, an escape and is endlessly inspiring. Pure bliss!