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Stan Lee Plays Pricing Game Above Sunset Strip

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 newly rehabbed with a snazzy, modern-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. Two en suite guest/family bedrooms with treetop views share the upper floor with an oversized master suite replete with TV-surmounted fireplace, dual marble bathrooms and two walk-in closets lined with custom built-ins. The itty-bitty and high-walled, .14-acre parcel fits a two-car garage with additional off-street parking, a hedge-lined concrete dining terrace off the kitchen and a trellis-shaded lounge that overlooks a plunge-sized swimming pool. The property is being listed by Farideh Bogari of Bogari Intl. Realty.

Though records show the Spider-Man, Hulk and X-Men co-creator has owned another city-view residence near the tippy-top of the Bird Streets since at least the mid-’80s, over the past year or so, he’s become a regular in all the property gossip columns. In 2006, the bespectacled, nonagenarian comicbook mandarin shelled out almost $3.6 million for a walled and gated Bird Streets abode that was sold at a substantial loss last November for $2.8 million, and he quickly picked up a much larger and already renovated residence less then a mile away for $4.4 million.

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