Magazine article Variety

Stan Lee Plays Pricing Game on the Sunset Strip

Magazine article Variety

Stan Lee Plays Pricing Game on the Sunset Strip

Article excerpt

A late-1930s residence in the heart of the fashionable Bird Streets neighborhood above the perennially chic Sunset Strip - owned by former Marvel Comics president and chairman Stan Lee - has popped back up for sale with an asking price of $4.3 million. This is not, by far, the first time at the real estate rodeo with this particular property for the superhero-creating superstar. He picked up the home in June 2012, for $3.4 million, per property records, and has had it on and off the market several times at increasingly lower prices since March, when it first showed up at $5 million.

The five bedroom and six-plus bathroom house, nondescript on the outside but newty rehabbed with a snazzy, modem-minded interior makeover, includes a double-height foyer with grand, tightly spindled staircase, a spacious living room with fireplace, an adjoining media lounge with built-in entertainment unit, and a formal dining room with pitched and beamed ceiling. The decadently marble-countered, center-island kitchen is joined by a butler's pantry, a family room with French doors, and a pair of home offices. …

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