Asking Price: $4,995,000

Welcome to Villa Rya, a historic and romantic Spanish villa built in 1938 by Paul C Pape. The current owner has carefully maintained and updated the property for nearly 50 years. The villa sits on a private and fully gated 9306 square foot flat lot, offering stunning views of Downtown Los Angeles. With its incredible guest house, sparkling pool, and spacious layout, Villa Rya is perfect for entertaining and hosting large parties. The property exudes Old Hollywood charm and boasts exquisite craftsmanship, from the original wrought iron to the beautiful wooden door, stained glass, curved archways, beamed ceilings, and Spanish tiles. As you enter the home, you'll be transported to another time and greeted by breathtaking views of the courtyard and meticulously landscaped grounds, which are among the best in all of Los Angeles.This property boasts a custom-built bar in the living space and French Doors throughout. The private courtyard, complete with beautiful cabanas and a fountain, is accessible from the living room, formal dining area, and bedrooms. Romantic Sconces are visible throughout the home. Additionally, the barbecue area near the courtyard is perfect for hosting an impromptu cocktail party. The property is gated and has a two-car garage, with additional parking available in front of the garage due to the oversized lot. The property also includes a beautiful Baja-style pool and spa that is entirely secluded. Above the pool is a Casita with breathtaking views of DTLA and the entire LA Basin, which can be utilized for guest accommodation, staff quarters, or even income generation. The kitchen has been tastefully modernized while retaining its original 1930s charm. There are a total of five bedrooms, including a guest bedroom downstairs and three bedrooms upstairs, as well as a Guest Quarters. Located in one of the best parts of the Hollywood Hills, with fully gated views of Downtown LA, and ample parking this property is truly a rare find!