A rare Los Feliz lease offering with the space, privacy, and flexibility to live, work, host, and gather all in one place. Set on a charming residential street, 3746 Tracy Street combines a three-bedroom, three-bath main residence with a separate one-bedroom, one-bath guest house, creating approximately 2,360 square feet of living space and a layout that adapts beautifully to modern life. Whether used for working from home, extended stays, creative pursuits, or simply giving guests a space of their own, the guest house adds exceptional flexibility to the way the property can be lived in and enjoyed. The main residence blends warmth and character with thoughtful modern updates. At the heart of the home is a custom chef's kitchen anchored by a professional-style BlueStar gas range. Dual skylights bring abundant natural light into the space, creating a bright and inviting setting for cooking, gathering, and entertaining. The primary suite feels like its own private escape, with a generously sized walk-in closet and updated bath featuring heated floors, a custom double vanity, Toto Washlet, and deep soaking tub with built-in heat pump. A new high-efficiency central HVAC system and tankless water heater with recirculation add everyday comfort and efficiency. Set on a street-to-street property, the charming one-bedroom, one-bath guest house has its own address and entrance from the opposite street, creating a wonderful sense of separation from the main residence. With its own kitchen, washer and dryer, separate yard and side patio, new mini-split heating and air-conditioning system, and tankless water heater, it is well suited for a home office, creative studio, or guest accommodations. Each residence enjoys its own separate outdoor space, offering room to unwind, dine outside, or simply enjoy Southern California's indoor-outdoor lifestyle. Some of the best of Los Feliz and Silver Lake is nearby, from Trader Joe's, Gelson's, Barbrix, Speranza, Magpies Softserve, and neighborhood coffee shops to Los Feliz Village and Sunset Junction, where favorites including Little Dom's, Maru Coffee, Alcove, Erewhon, La Colombe, Caf Stella, and more are just minutes from home. Offering the space and flexibility of two distinct living environments alongside thoughtful updates and an enviable Los Feliz location, 3746 Tracy Street presents an exceptional lease opportunity in one of Los Angeles' most sought-after neighborhoods. Select listing photography, including the majority of interior images, has been virtually staged to illustrate the potential use and furnishing of the spaces.