850 Thayer Ave Situated in Premier location in the esteemed Little Holmby neighborhood, this updated Monterey Traditional features a coveted modern open floorplan combined with all its original warmth and character with dark wood flooring and crown moldings throughout. Entering the home through a gated front garden reveals streams of light cascading in from every angle through a myriad of new large windows. The floorplan boasts a breathtaking great room flowing seamlessly from a gracious formal living room with a baronial marble fireplace to a comforting family room with second fireplace to a large open dining area with wet bar creating the perfect setting for large scale entertaining or causal relaxation with the family. Adjoining the dining area is a gourmet eat-in kitchen with large center island, stone countertops, high-end stainless appliances and copious amounts of storage ready for the seasoned chef or aspiring cook. The rear of the main level opens through multiple French doors to an expansive redone deck area with motorized awnings offering multiple seating areas and sweeping treetop, mountain and city light views. In addition, there is a convenient powder room and large laundry room. All four bedrooms are upstairs including gracious master suite with dual closets, sumptuous full marble accented bath, and front balcony, plus a large second bedroom with en suite bath and two additional bedrooms with a shared hallway full bath giving an unlimited number of options for families or professional work at home executives. The house also includes a bonus lower level, 546 sqft not included in total, accessible by steps down from the main deck featuring a sizable multi-purpose room with bath, perfect for media room, gym or game room plus a private patio and enchanting extra-large spa calling for a long dip to unwind after a long day or workout, all overlooking a romantic landscaped garden with fountain beyond. Additional improvements over the last 10 years include newer HVAC and roof, updated electrical and plumbing, and EV charger in the two-car garage. Coupled with its modern and classic features, the home is mere moments from the relaxing atmosphere of Holmby Park, the world-class shopping at Westfield Century City, the glamour of Beverly Hills, and the cultural offerings of UCLA and Westwood. It also allows access to the prestigious, award-winning Warner Avenue Elementary School. This is an amazing opportunity to enjoy all the best of what Little Holmby offers.