1518 N Stanley Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 3 bath
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Los Angeles, California 90046
This Spanish Hedged + Gated Retreat represents a stable acquisition, listed at $1,700,000—aligning precisely with its $1,700,000 Fair Market Value. Boasting a Good Condition Rating, the property features a 4-bedroom main house complemented by a private 1-bed/1-bath back house, offering exceptional income potential or a dedicated home office. The grounds serve as a lush oasis with a stacked tile waterfall, outdoor fireplace, and partial mountain views. Located in the premier Sunset Square neighborhood near the Los Angeles Unified district, this versatile compound is an ideal match for Owner-Occupants seeking a house-hack opportunity or Lifestyle-Driven Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1518 N Stanley Avenue Subject | $1,595,000* List Price | 5 | 3 | 2,112 | $755 | - |
A 1907 N Curson Avenue Sold | $1,950,000 | 3 | 2 | 2,214 | $881 | 0.5 mi |
B 1620 N Stanley Avenue Sold | $1,760,000 | 3 | 2 | 1,839 | $957 | 0.1 mi |
C 1541 N Stanley Avenue Active | $1,995,000 List Price | 5 | 4 | 2,594 | $769 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1920, it has been well-maintained and updated, placing it in the 'Good' category. Key systems have been modernized, including central HVAC, new copper plumbing, and a newer water heater. The interior features a remodeled bathroom with a double vanity and a functional kitchen equipped with double convection ovens and stainless steel appliances. The overall condition is move-in ready with significant character preservation.
The property includes a fully equipped 1-bedroom, 1-bathroom back house, providing an ideal setup for rental income, a private guest suite, or a dedicated home office.
Situated in a highly desirable and walkable neighborhood, the home is steps away from premium grocers like Bristol Farms and Trader Joe's, as well as the vibrant nightlife and dining on the Sunset Strip.
The fully hedged and gated lot features lush tropical landscaping, a stacked tile waterfall, and multiple covered outdoor living areas, offering a rare sense of seclusion and tranquility in a central city location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2112, other record living area = 1512. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The long driveway requires tandem parking for up to four cars, which can be inconvenient for multi-resident households or when hosting guests.
The property has undergone multiple price reductions from its original list price of $1.925M to $1.7M, which may lead prospective buyers to question the initial valuation or overall market demand for the home.
Sunset Square Spanish Hedged + Gated Retreat with lush landscaping, 4 beds + 2 baths in the main house & a 1 bed/1bath back house in the yard. Front courtyard outdoor living room has a stacked tile waterfall flanked by majestic banana trees and surrounded by mature plants. A covered patio and a wide character screened front door takes you into the home. A spacious living room with (decorative) fireplace opens to the dining room, all bathed in sunshine. The kitchen has double sinks, double convection ovens, and a high butcher block island that doubles as a breakfast bar. The kitchen has a stacked washer dryer and it opens to the breakfast room. The 2 bedrooms at the front of the house share a remodeled bathroom off the hallway with a handsome wood double vanity that has 2 sinks and lots of storage & a bath with shower. There are 2 additional true bedrooms at the back of the house - one is an en suite bedroom and the other is currently staged as an office. The house has central HVAC, new copper plumbing, newer water heater, hardwood floors, and a long driveway with tandem four car parking. There's an outdoor patio at the back of the house with a wood deck + a soaring pitched ceiling overhead + an outdoor fireplace - it offers so much space for both dining and living. On the back property line is a spacious & private one bedroom apartment back house that has a foyer, living room, eat-in kitchen, bedroom and full bathroom. The location is prime, near coffee shops, Trader Joe's, Bristol Farms, open-air restaurants, and world-class nightlife on Sunset. Lush landscape throughout includes soaring swaying palm trees, fruit trees, ficus trees, and more. Truly feels like a relaxing green compound oasis right in the heart of the city!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,112 | 2,245 | 47% |
| Lot Size | 5,399 | 7,029.5 | 22% |
| Price | $1.59M | $2.23M | 27% |
| Price per sq ft | $755 | $951 | 18% |
| Built year | 1920 | 1956 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 152 | 30% |
Jun 10, 2026
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
May 14, 2026
$1,650,000
$1,700,000
-3% Price Drop
Initial Listing
Apr 30, 2026
$1,700,000
$1,799,000
-6% Price Drop
Initial Listing
Mar 21, 2026
$1,799,000
$1,875,000
-4% Price Drop
Initial Listing
Feb 21, 2026
$1,875,000
$1,925,000
-3% Price Drop
Initial Listing
Feb 4, 2026
$1,925,000
Initial Listing
Aug 16, 2013
$840,008
Public Record
Aug 1, 2002
$549,000
Public Record
Nov 12, 1998
$362,000
Public Record