1757 Wellesley Avenue, Los Angeles, California 90025, Los Angeles, 90025 - 3 bed, 2 bath

1757 Wellesley Avenue, Los Angeles, California 90025 home-pic-0
ACTIVE$1,495,000
1757 Wellesley Avenue, Los Angeles, California 90025
3Beds
2Baths
1,009Sqft
5,801Lot

Price Vs. Estimate

The estimated value ($1,442,157.495) is $52,842.505 (3%) lower than the list price ($1,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Overland Avenue Elementary School (9/10).
Top Cons:
Outdated Condition / Requires Extensive Renovation: Built in 1938 and described as 'classic original,' the property likely requires significant renovation, modernization, or a complete rebuild to meet contemporary living standards.

Compared to the nearby listings

Price:$1.50M vs avg $2.01M ($-512,500)12%
Size:1,009 sqft vs avg 1,794.5 sqft6%
Price/sqft:$1.5K vs avg $1.1K94%

More Insights

Built in 1938 (87 years old).
Condition: Built in 1938 and described as a 'classic original' home, this property shows no evidence of major renovations in the past 50 years. The kitchen features extremely dated wood cabinets, laminate countertops, an older black gas range, and dated tile flooring and wallpaper. Bathrooms are not pictured but are likely in similar original condition, and the property only has 1.5 baths for 3 bedrooms. Other areas show older hardwood floors, worn carpeting, wood paneling, and outdated light fixtures and wall-mounted AC units. The listing explicitly states it's an 'opportunity for both developers and end users to renovate, expand, or rebuild,' positioning it as a 'rare development or renovation canvas.' This aligns with the 'tear-down' criteria where the property's value is primarily based on the land and its potential for redevelopment, as the existing structure requires a complete overhaul or demolition.
Year Built
1938
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$1,482
HOA
-
Days on market
-
Sold On
-
MLS number
25625199
Home ConditionTear down
Features
Patio
View-

About this home

Classic original 3-bedroom, 1.5-bath home on a 5,799 SF lot in the desirable West LA/Sawtelle pocket. Offering 1,009 SF of living space, this property presents an incredible opportunity for both developers and end users to renovate, expand, or rebuild in one of West LA's most sought-after neighborhoods. The detached garage with alley access provides an excellent opportunity for an ADU (buyer to verify), and the lot offers ample flexibility to reimagine the existing footprint or create an entirely new vision. An additional detached structure currently used as a bonus room adds further potential. Perfectly located just moments from the vibrant shops and restaurants of Sawtelle Japantown, West Edge, and the Expo/Bundy Metro line, with quick access to Santa Monica, UCLA/Westwood, Century City, and the 10 & 405 freeways. A rare development or renovation canvas in a high-demand neighborhood with strong surrounding values and long-term upside.

Nearby schools

5/10
Brockton Avenue Elementary School
Public,K-50.7mi
8/10
Edison Elementary School
Public,PK-50.8mi
8/10
McKinley Elementary School
Public,PK-51.0mi
7/10
Nora Sterry Elementary School
Public,K-51.0mi
8/10
Grant Elementary School
Public,PK-51.1mi
6/10
Richland Avenue Elementary School
Public,K-61.2mi
9/10
Franklin Elementary School
Public,PK-51.5mi
8/10
Mar Vista Elementary School
Public,K-51.9mi
8/10
Clover Avenue Elementary School
Public,K-52.0mi
9/10
Overland Avenue Elementary School
Public,K-52.3mi
6/10
John Adams Middle School
Public,6-81.6mi
8/10
Lincoln Middle School
Public,6-81.7mi
6/10
University Senior High School
Public,9-120.8mi
8/10
Santa Monica High School
Public,9-122.2mi
6/10
Venice Senior High School
Public,9-122.7mi
Condition Rating
Tear down

Built in 1938 and described as a 'classic original' home, this property shows no evidence of major renovations in the past 50 years. The kitchen features extremely dated wood cabinets, laminate countertops, an older black gas range, and dated tile flooring and wallpaper. Bathrooms are not pictured but are likely in similar original condition, and the property only has 1.5 baths for 3 bedrooms. Other areas show older hardwood floors, worn carpeting, wood paneling, and outdated light fixtures and wall-mounted AC units. The listing explicitly states it's an 'opportunity for both developers and end users to renovate, expand, or rebuild,' positioning it as a 'rare development or renovation canvas.' This aligns with the 'tear-down' criteria where the property's value is primarily based on the land and its potential for redevelopment, as the existing structure requires a complete overhaul or demolition.
Pros & Cons

Pros

Great Schools: Elementary School: Overland Avenue Elementary School (9/10).
Prime Location: Located in the highly desirable West LA/Sawtelle pocket, offering excellent access to vibrant shops, restaurants, the Expo/Bundy Metro line, Santa Monica, UCLA/Westwood, Century City, and major freeways (10 & 405).
Significant Development Potential: Presents an incredible opportunity for both developers and end users to renovate, expand, or rebuild, serving as a rare development or renovation canvas in a high-demand area.
ADU Potential with Alley Access: The detached garage with alley access provides an excellent opportunity for an Accessory Dwelling Unit (ADU), significantly enhancing property value and potential rental income.
Flexible Lot for Customization: The 5,799 SF lot offers ample flexibility to reimagine the existing footprint or create an entirely new vision, catering to diverse buyer needs.
Strong Neighborhood Value & Upside: Situated in a high-demand neighborhood known for strong surrounding property values and promising long-term appreciation.

Cons

Outdated Condition / Requires Extensive Renovation: Built in 1938 and described as 'classic original,' the property likely requires significant renovation, modernization, or a complete rebuild to meet contemporary living standards.
Limited Living Space: With only 1,009 SF of living space for a 3-bedroom home, the property offers relatively small interior dimensions, which may not appeal to buyers seeking more spacious residences.
Limited Bathrooms: The property features only 1.5 bathrooms, which is a significant drawback for a 3-bedroom home and may not adequately serve the needs of a family or multiple occupants.

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