1164 Wellesley Avenue 204, Los Angeles, California 90049, Los Angeles, 90049 - 2 bed, 2 bath
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1164 Wellesley Avenue 204
Los Angeles, California 90049
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,400Sq Ft
11,492Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$838,624
SUMMARY
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.
Estimated Market Value
$838,624
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1164 Wellesley Avenue 204 Subject | $849,000* List Price | 2 | 2 | 1,400 | $599 | - |
A 1161 Amherst Avenue 204 Sold | $1,000,000 | 2 | 2 | 1,561 | $641 | 0.0 mi |
B 11755 Montana Avenue 201 Sold | $1,010,000 | 3 | 3 | 1,530 | $660 | 0.7 mi |
C 11667 Gorham Avenue 306 Sold | $850,000 | 2 | 2 | 1,649 | $515 | 0.8 mi |
D 11939 Gorham Avenue 103 Sold | $1,020,000 | 2 | 2 | 1,686 | $605 | 0.5 mi |
E 11636 Montana Avenue 107 Sold | $1,022,775 | 2 | 3 | 1,662 | $615 | 0.9 mi |
F 11601 Montana Avenue 6 Sold | $800,000 | 2 | 3 | 1,566 | $511 | 1.0 mi |
G 831 S Gretna Green Way 103 Sold | $825,000 | 2 | 2 | 1,255 | $657 | 0.4 mi |
H 11920 Goshen Avenue 101 Sold | $805,000 | 2 | 3 | 1,249 | $645 | 0.3 mi |
I 11753 Mayfield Avenue 7 Active | $899,000 List Price | 2 | 3 | 1,493 | $602 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10).
- Prime Brentwood Location
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.
- Seamless Indoor-Outdoor Living
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.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
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.
- 1031 Exchange Contingency
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.
About 1164 Wellesley Avenue 204
Motivated Seller. A Rare Find in the Heart of Brentwood, Ideally located in the heart of Brentwood, this condo at 1164 Wellesley sits just minutes from Brentwood Village, Wilshire Boulevard, the beloved weekly Farmers Market, Santa Monica, and the beach. Tucked along picturesque, tree-lined Wellesley Avenue and surrounded by multi-million-dollar homes, this residence offers real value in one of the Westside's most desirable neighborhoods.Step inside to a spacious living area anchored by a fireplace, along with a versatile dining area with bar that easily converts to a den, home office, or reading nook to suit your lifestyle. The layout is built for both everyday living and easy entertaining. The kitchen offers a cozy breakfast area, while the private wraparound balcony accessible from both the living room and primary bedroom creates great indoor-outdoor flow. The primary bathroom has been beautifully updated and pairs with a spacious walk-in closet, while a generously sized second bedroom rounds out this two-bedroom home.This one won't last schedule your private showing today.Buyer to cooperate with seller's 1031 exchange at no cost to buyer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 11,492 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $601.95 / Month
Neighborhood Insights
Los Angeles Unified Schools
Brockton Avenue Elementary School
Grades K-5 • 0.4 mi
5/10
Brentwood Science School
Grades K-5 • 0.6 mi
5/10
Franklin Elementary School
Grades PK-5 • 0.9 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,219.385 |
| Lot Size | 11,492 | 27,236.074 |
| Price | $849.0K | $800.2K |
| Price per sq ft | $606 | $650 |
| Built year | 1984 | 1979 |
| HOA | $601.95 | $685 |
| Days on market | 104 | 72 |
Pricing History
Listed for Sale
Aug 11, 2026
$849,000
$895,000
-5% Price Drop
Initial Listing
Price Change
Jun 20, 2026
$895,000
$995,000
-10% Price Drop
Initial Listing
Price Change
May 28, 2026
$995,000
Initial Listing
Sold
Mar 6, 2001
$335,000
Public Record