Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

531 N Stanley Avenue

Los Angeles, CA, 90036

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$4,195,000

MLS: 26637409

Beds

4

Baths

5

Sq Ft

Lot

0.15 ac

Year Built

2017

MLS #

26637409

Days on Market

33

Listed

Mar 6, 2026

Description

Welcome to this privately nestled true Traditional in the Melrose Village! On a gated and secured lot sits a 3,597 sqft 4 bed 5 Bath home with an oversized rooftop deck with 360 degree views of the LA skyline. High ceilings throughout provide a grand feel that leads you out onto a privately hedged backyard oasis. Built to take full advantage of the indoor outdoor living that LA is made for. Large spa and pool is surrounded by space to entertain and relax. The first floor is accommodated by a formal dining room, wine cellar, as well as an en suite guest bedroom. Upstairs the primary suite is accompanied by 2 more bedrooms and a laundry room for easy access. Stairs lead to a generous rooftop deck overlooking LA. Centrally located, you are a short walk from the best shopping and restaurants la has to offer. Also available for lease at $23,500/Month Furnished.

Location

Los Angeles, Los Angeles County, CA 90036

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Listed by: Archie Ogani · The Beverly Hills Estates

Payment estimate

$29,440

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $419,500 · Loan: $3,775,500

%
Principal & Interest
$23,197
Property tax (1.25%)
$4,370
Homeowners insurance
$300
Mortgage insurance
$1,573
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $146,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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