Old World Santa Barbara meets Glendale! This 1928 Spanish Colonial Revival is located in the quaint Pelanconi neighborhood. The home is an architecturally preserved and meticulously maintained masterpiece that offers +/-2200 sq ft of living space. It exudes warmth & charm, featuring 4 bedrooms, 3 baths & a bonus room that would make a perfect home office, music room, craft space or 5th bedroom. Enjoy fabulous mountain views on the spacious, covered, front porch or from the stunning character windows inside. As you walk through the interior you will notice such details as immaculate hardwood flooring, original fireplace tile, dramatic wood-stained doors and trim, barrel & cove ceilings and period appropriate lighting.  The cozy living room fireplace is outfitted with an ambient natural gas insert and convenient remote control. The kitchen and bathrooms boast new, polished quartz and marble countertops. The breakfast room off the kitchen is loaded with ambient light & offers views of the mountains, awaiting you & your morning coffee. Step into the master to find a bedroom offering generous living space & French doors that lead you to the Mediterranean courtyard & garden. As if that wasn't enough, this property has an attached studio apartment with a private exterior entrance that offers opportunity for rental income. This unit has been utilized as an AirBnb and generated an average of $2500/mo with room for growth. The entire home is climate controlled by two modern, high volume heating and A/C units. The private, tranquil, manicured gardens are low maintenance, California climate friendly, and ideal for lavish, al fresco entertaining. Come view this home & make an offer - the opportunity won't be available for long!