SUMMARY

Estimated Market Value

$1,495,000

Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address	Sold Price	Beds	Baths	Sq Ft	$/Sqft	Distance
★ 1757 Wellesley Avenue Subject	$1,495,000* List Price	3	2	1,009	$1,482	-
A 2029 Purdue Avenue Sold	$1,700,000	3	2	1,249	$1,361	0.9 mi
B 1745 S Bundy Drive Active Under Contract	$1,299,000 List Price	2	1	1,022	$1,271	0.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor

TeardownExcellent

Property is extensive renovation needed.

This 1938 property is in largely original or severely outdated condition, with the listing explicitly highlighting it as a 'renovation canvas' or 'rebuild' opportunity. The kitchen and bathrooms feature decades-old cabinetry, tiling, and fixtures, and the home lacks basic modern infrastructure such as laundry hookups. While currently occupied, the significant age of the systems, presence of window AC units, and the agent's focus on development potential indicate that substantial rehabilitation or a complete tear-down is required to meet modern living standards.

PROSSTRENGTHS & OPPORTUNITIES

Great Schools
Elementary School: Overland Avenue Elementary School (9/10).
Prime West LA Location
Situated in the highly desirable Sawtelle pocket, the property offers exceptional proximity to Sawtelle Japantown, the Expo/Bundy Metro line, and major employment hubs like UCLA and Century City.
Significant Development Potential
The 5,801 SF lot and detached garage with alley access provide a premier opportunity for an ADU conversion or a complete residential rebuild in a high-value neighborhood.

CONSRISKS & DEFICIENCIES

Extensive Renovation Required
As a classic 1938 original structure, the home likely requires significant capital investment to update systems, finishes, and layout to meet modern standards.
Lack of Essential Laundry Infrastructure
The home currently lacks a washer and dryer as well as the necessary plumbing and electrical hookups, necessitating immediate utility upgrades.
Cramped Interior Footprint
With only 1,009 SF of living space for a three-bedroom configuration, the current interior layout is undersized for modern buyer expectations without an expansion.

About 1757 Wellesley Avenue

Classic original 3-bedroom, 1.5-bath home on a 5,801 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 home is currently without a washer and dryer and does not have existing washer/dryer hookups. 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.

Property Details

Public Facts

Property Type: Single Family Residence
Year Built: 1938
Lot Size: 5,801 Sq. Ft.

Interior

Total Bedrooms: 3
Total Bathrooms: 2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee: $0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Brockton Avenue Elementary School

Grades K-5 • 0.7 mi

5/10

Edison Elementary School

Grades PK-5 • 0.8 mi

8/10

McKinley Elementary School

Grades PK-5 • 1.0 mi