Emma Stone - Vanity Fair Oscar Party

Emma Stone waves as she arrives at the 2012 Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

The 23-year-old actress, who wore Chanel, presented an award with Ben Stiller at the Academy Awards earlier in the evening. Check out her red hot Giambattista Valli look if you missed it!

Also pictured inside is Like Crazy actress Felicity Jones, who wore a Johanna Johnson black leather dress.

10+ pictures inside of Emma Stone and Felicity Jones at the Vanity Fair party…