1518 N Stanley Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 3 bath

1518 N Stanley Avenue, Los Angeles, California 90046 home-pic-0
ACTIVE$1,945,000
1518 N Stanley Avenue, Los Angeles, California 90046
4Beds
3Baths
2,512Sqft
5,399Lot
Year Built
1920
Close
-
List price
$1.95M
Original List price
$2M
Price/Sqft
$774
HOA
-
Days on market
-
Sold On
-
MLS number
25616695
Home ConditionGood
Features
Deck
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.95M(39th), sqft - 2512(57th), beds - 4(67th), baths - 3(50th).

Beautiful Private Traditional Home on a quiet street in Sunset Square. 3 bedrooms and 2 baths PLUS 1 bedroom permitted guest house! Back patio is designed for entertaining with a fireplace. (great Rental income) Set Behind gates, the professionally landscaped front yard with cascading waterfall and tiled patio creates a serene sanctuary leading to a spacious living room with fireplace, hardwood floors, that flows seamlessly into the dining area. The recently updated chef's kitchen features stainless steel appliances, two ovens including convection, a large center island, custom tiled counters and backsplash, ample cabinetry, and a charming breakfast nook with garden views. The rare to find detached guest house provides income-generating potential, ideal for short-term rental or long-term lease, producing revenue that can offset property taxes and household expenses, making this not only a dream residence but also a smart financial investment. Additional upgrades include central heat and air, new copper plumbing, newer water heater, refinished hardwood floors, stacked washer and dryer, and a large driveway with four-car parking. Perfectly located near coffee shops, Trader Joe's, Bristol Farms, open-air restaurants, and world-class nightlife on the Sunset Strip, this gated Spanish-style home offers unmatched lifestyle, walkability, and long-term value in one of Los Angeles' most sought-after neighborhoods.

Price History

Date
Event
Price
11/27/25
Price Change
$1,945,000-2.5%
11/07/25
Listing
$1,995,000
08/16/13
Sold
$840,008
08/01/02
Sold
$549,000
11/12/98
Sold
$362,000
Condition Rating
Good

Built in 1920, this property has undergone significant recent upgrades, including a 'recently updated chef's kitchen' with stainless steel appliances, modern white cabinetry, and tile backsplash, which appears to be in very good condition. Major systems like central heat and air, new copper plumbing, and a newer water heater have been installed, and hardwood floors refinished. While the property is move-in ready with no immediate renovations required, the absence of bathroom images and specific renovation dates for all areas prevents an 'Excellent' rating, aligning it with a 'Good' score where major systems are functional and well-maintained, and some components are updated.
Pros & Cons

Pros

Income-Generating Potential: Features a permitted 1-bedroom detached guest house, offering significant rental income potential for short-term or long-term leases, offsetting property taxes and expenses.
Prime Sunset Square Location: Situated on a quiet street in the highly sought-after Sunset Square, offering exceptional walkability to upscale amenities, dining, and nightlife on the Sunset Strip.
Extensive Modern Upgrades: Benefits from recent significant upgrades including central heat and air, new copper plumbing, newer water heater, refinished hardwood floors, and a recently updated chef's kitchen.
Exceptional Curb Appeal & Privacy: Gated property with a professionally landscaped front yard, cascading waterfall, and tiled patio, creating a serene and private sanctuary.
Ample Off-Street Parking: Features a large driveway capable of accommodating four cars, a valuable amenity in this dense urban environment.

Cons

Historic Property Age: Built in 1920, despite significant updates, the property's age may present potential for underlying structural or system issues not covered by recent renovations.
Absence of Scenic Views: The property explicitly lacks any notable scenic views, which might be a consideration for buyers seeking panoramic city or natural vistas common in parts of Los Angeles.
Moderate Lot Size: With a lot size of 5,399 sqft, the outdoor space is functional but not expansive, potentially limiting options for extensive landscaping or additional recreational features.

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