Listing provided courtesy of Robert Erickson of Erickson Estates, Inc. Last updated 2025-10-16 08:17:38.000000. Listing information © 2025 CLAW.
Asking Price: $1,995,900
1518 Stanley, Los Angeles CA 90046
Community: C03 - Sunset Strip - Hollywood Hills West
This Single Family Residence property was built in 1920 and is priced at $1,995,900. Please see the additional details below.
Located in the highly desirable Sunset Square neighborhood just moments from the iconic Sunset Strip. There is 3 bedrooms and 2 baths in main house, and covered back patio is designed for entertaining with a fireplace, mounted TV, and built-in barbeque PLUS 1 Bed 1 bath guest house. (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)