Your Own Private Spanish-Style Resort — Two Homes in One! This classic 1935 Spanish Revival captures the romance of old San Diego with the luxury of modern living, complete with a fully permitted, 1-bedroom, detached Guest House/ADU and fully-owned solar. You get two houses in one! Homes like this rarely become available in San Diego. The exquisite main residence (approx. 1,132 sqft) offers 2 bedrooms and 2 baths, thoughtfully updated to preserve its original charm with arched doorways, hand-crafted details, a formal dining room with tray ceilings, and a kitchen with a bright breakfast nook. Kitchen upgrades include stainless-steel appliances, quartz countertops, and apron sink. The primary bedroom offers an en-suite bathroom and a walk-in closet that open seamlessly through French doors to your private resort-style backyard. A tranquil oasis with a sparkling pool, covered outdoor lounge area, and multiple patios perfect for entertaining or simply relaxing under the California sun. The detached 1-bedroom, 1-bath fully permitted ADU (approx. 603 sq. ft.) built in 2023, features its own entrance, full kitchen, washer and dryer, and offers complete privacy. Ideal for multi-generational living, a guest retreat, a rental, or a short-term rental income opportunity. Once a successful Airbnb, this space offers exceptional flexibility for both lifestyle and investment. Additional highlights include fully owned 5kW solar, luxury appliances and designer updates, newer closet system in both the primary and 2nd bedroom, mini-split A/C units, a tankless water heater, washers and dryers in both homes, recessed lighting, and plantation shutters. A gated driveway provides ample parking with two large storage sheds and potential RV space. Move-in ready and truly one of a kind, this home invites you to live every day like you're on vacation. This is an incredible property that will take your breath away. Minutes to neighborhood cafes, shopping, dining, SDSU, and major freeways, this is more than just a home; it's a smart, turnkey investment in one of San Diego's most desirable and charming neighborhoods. Whether you're a buyer looking to build equity while generating income or an investor seeking a move-in-ready property in a high-demand area, 4534 Alice St delivers the lifestyle, flexibility, and long-term value you've been dreaming of.