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$1,995,900
1518 N Stanley Avenue, Los Angeles, California 90046
4Beds
3Baths
2,512Sqft
5,399Lot
Year Built
1920
Close
-
List price
$2M
Original List price
$2.1M
Price/Sqft
$795
HOA
-
Days on market
-
Sold On
-
MLS number
25590337
Home ConditionGood
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(40th), 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. A bonus paid through escrow to the Agent with an accepted offer by Nov 7th, 2025. (see agent remarks)

Price History

Date
Event
Price
10/08/25
Price Change
$1,995,900-4.7%
09/10/25
Listing
$2,095,000
08/16/13
Sold
$840,008
08/01/02
Sold
$549,000
11/12/98
Sold
$362,000
Condition Rating
Good

Despite being built in 1920, this property has undergone extensive and recent renovations, bringing it to a high standard. The 'recently updated chef's kitchen' features modern stainless steel appliances, a large island, and custom tiled counters/backsplash, all appearing in excellent condition in the images. The bathrooms also show modern vanities, tiling, and fixtures, indicating recent updates. Crucially, major systems like plumbing (new copper), water heater (newer), and HVAC (central heat and air) have been upgraded, and hardwood floors refinished. While not a brand-new build, these comprehensive updates make the home move-in ready with minimal wear and tear, aligning perfectly with the 'Good' criteria for properties extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Income-Generating Guest House: The property includes a rare, permitted detached guest house offering significant income potential through short-term or long-term rentals, providing a smart financial investment opportunity.
Prime Location & Walkability: Situated on a quiet street in Sunset Square, the home boasts exceptional walkability to coffee shops, upscale grocery stores (Trader Joe's, Bristol Farms), restaurants, and world-class nightlife on the Sunset Strip.
Extensive Modern Upgrades: Features a recently updated chef's kitchen with high-end appliances, central heat and air, new copper plumbing, a newer water heater, and refinished hardwood floors, ensuring modern comfort and reduced immediate maintenance.
Exceptional Curb Appeal & Privacy: Set behind gates with a professionally landscaped front yard, cascading waterfall, and tiled patio, creating a serene and private sanctuary with strong aesthetic appeal.
Ample Off-Street Parking: A large driveway provides convenient four-car parking, a significant advantage in a dense urban area like Los Angeles.

Cons

Age of Property: Built in 1920, despite numerous upgrades, the property's age may still present potential for unforeseen maintenance or structural considerations typical of historic homes.
Lack of Scenic Views: The property explicitly states 'view:None,' which could be a drawback for buyers seeking city, canyon, or ocean views often found in desirable Los Angeles neighborhoods.
Modest Lot Size: With a lot size of 5,399 sqft, the outdoor space is relatively modest, potentially limiting extensive landscaping or expansion opportunities for some buyers.

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