$3,995,000

Three residences on one gated lot in the heart of the Melrose Place neighborhood. A designer compound with a flexibility almost nothing else in the category offers. Own it, live in one and rent two, or house family across all three. Two of the residences sit within a 1938 Spanish hacienda, restored with a light hand and finished properly: Sub-Zero and Wolf, single-level layouts, 2 bedrooms and 2 baths across roughly 1,500 sf each. Period character intact, systems and surfaces current. The third unit is its own building. A 2017 contemporary, reached through the gated drive, opens into a two-level volume that reads more gallery than residence. Exquisite Surfaces stone underfoot, 12-inch French white oak in the living areas, custom metal and millwork throughout. The kitchen centers on a European stone island with Sub-Zero drawers and Gaggenau and Miele appliances. Vola fittings, slab showers, custom stone vanities. Its private roof deck, accessible only from this residence, is the address's real signature: Ipe decking, fire pit, outdoor kitchen, spa and shower, built-in audio, and city and hillside views that open up the moment you reach the top.