Home for Sale at 1954 Micheltorena St, Los Angeles, CA 90039

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1954 Micheltorena St
Los Angeles, CA 90039

Alex Brunkhorst with Compass, original listing - (310) 437-7500

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Property Details

List Price:	$5,850,000
Beds:	4
Baths:	Full: 6
Status:	Active
SqFt:	4760 Square Feet
Agency:	Compass
Agency Phone:	(310) 437-7500

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1936
Notes:	The Chapman House, designed by L. G. Scherer in 1936, stands as one of Silver Lake's most storied and glamorous estates. This four-bedroom Hollywood Regency residence sits atop a prime street on an expansive lot, offering sweeping views and exceptional privacy. Beyond its striking architecture, the property features one of the city's premier home music studios, an extraordinary opportunity for musicians or anyone seeking a true live-work creative environment. Lush, professionally designed gardens by Judy Kameon (published by the Wall Street Journal) surround the home, creating a serene and secluded setting. Enter through a gated, tiled Art Deco courtyard into a gracious foyer that opens to the expansive backyard. The main level includes formal living and dining rooms, a refined gourmet kitchen with built-in banquette and high-end appliances, an office, and a first-floor bedroom suite. Upstairs, two (or potentially three) bedrooms capture stunning views. Throughout, the home is rich in character and detail, featuring designer wallpaper, custom tile work, bespoke lighting, and distinctive Deco-inspired railings and windows. The generous outdoor space is equally impressive, with a pool and spa, built-in seating, and sprawling patios and lawns designed for entertaining. The professional music studio is accessible via a hidden interior stairway or private exterior entrance. Thoughtfully engineered, it includes a live room, control room, vocal booth, lounge with kitchen, writer's room, and two bathrooms. A timeless piece of old Hollywood, The Chapman House presents a truly unique opportunity.
MlsNumber:	--
ListingId:	26767643

Listing Provided By:	Compass, original listing
Phone:	(310) 437-7500
Office Phone:	(310) 437-7500
Agent Name:	Alex Brunkhorst
Disclaimer:	Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

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Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.