1164 Wellesley Avenue 204, Los Angeles, California 90049, Los Angeles, 90049 - 2 bed, 2 bath
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Los Angeles, California 90049
This Brentwood Condominium presents a High-Potential Investment Opportunity, listed at $995,000—positioned well above the $887,179 Fair Market Value by -12%. While priced at a premium, the property features a Fair Condition Rating with a recently updated primary suite and a desirable wrap-around balcony. Located near Top-Rated Schools like Fairburn Avenue Elementary, this residence offers a prime lifestyle in a prestigious neighborhood. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic foothold in the Westside market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1164 Wellesley Avenue 204 Subject | $995,000* List Price | 2 | 2 | 1,400 | $634 | - |
A 1164 Wellesley Avenue 302 Sold | $1,285,000 | 2 | 3 | 1,563 | $822 | 0.0 mi |
B 11667 Gorham Avenue 306 Sold | $850,000 | 2 | 2 | 1,649 | $515 | 0.8 mi |
C 11939 Gorham Avenue 103 Sold | $1,020,000 | 2 | 2 | 1,686 | $605 | 0.5 mi |
D 11706 Montana Avenue 204 Sold | $810,000 | 2 | 2 | 1,319 | $614 | 0.8 mi |
E 1103 S Westgate Avenue 1 Sold | $955,000 | 2 | 3 | 1,393 | $686 | 0.4 mi |
F 11855 Goshen Avenue 101 Sold | $970,000 | 2 | 3 | 1,525 | $636 | 0.4 mi |
G 11755 Montana Avenue 201 Active | $1,088,000 List Price | 3 | 3 | 1,530 | $711 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property falls into the 'Fair' category due to its age and dated features. While the primary bathroom has been recently updated, the kitchen and second bathroom appear to be older or original, and the interior retains 1980s-style mirrored accents. It is functional and well-maintained but requires minor cosmetic updates to be considered modern.
Elementary School: Fairburn Avenue Elementary School (9/10).
Situated on a picturesque, tree-lined street surrounded by multi-million dollar homes, this property offers exceptional proximity to Brentwood Village, the Farmers Market, and Santa Monica.
The residence features a spacious 1,400 sqft layout with a private wrap-around balcony accessible from both the living room and primary bedroom, maximizing natural light and functional space.
The property is officially listed as having no significant views, which may be a drawback for buyers expecting the vistas often associated with premium Westside real estate.
The requirement for the buyer to cooperate with the seller's 1031 exchange introduces additional transactional complexity and specific timing constraints to the closing process.
A rare opportunity for buyers seeking value, location, and lifestyle in Brentwood. Ideally located in the heart of Brentwood, 1164 Wellesley is just minutes from Brentwood Village, Wilshire Boulevard, the renowned weekly Farmers Market, Santa Monica, and the beach. Positioned along picturesque, tree-lined Wellesley Avenue and surrounded by multi-million-dollar homes, this residence offers an exceptional opportunity in one of the Westside's most desirable neighborhoods.The spacious living area features a fireplace, dining area with bar, and an inviting layout ideal for both everyday living and entertaining. The kitchen includes a breakfast area, while private wrap around balcony off both the living room and primary bedroom create seamless indoor-outdoor flow. The primary bathroom has been recently and beautifully updated and is complemented by a spacious walk-in closet. A generously sized second bedroom with ample closet space further enhances the appeal of this special residence.This one will not last long. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,400 | 1,554 | 44% |
| Lot Size | 11,492 | 14,789 | 41% |
| Price | $995.0K | $1.18M | 41% |
| Price per sq ft | $711 | $764 | 37% |
| Built year | 1984 | 1981 | 55% |
| HOA | $601.95 | $761 | 32% |
| Days on market | 19 | 155 | 4% |
May 28, 2026
$995,000
Initial Listing
Mar 6, 2001
$335,000
Public Record