
Los Angeles, California 90019
This Historic Lafayette Square Estate is a Prime Investment Opportunity with a List Price of $3,125,000—positioned well below the $3,278,783 Fair Market Value by 4%. This valuation gap offers $153,783 in Instant Equity. While the property holds a Poor Condition Rating requiring modernization of the kitchen, baths, and HVAC, the 8,960 sq ft lot, private deck, and upcoming 400 sq ft ADU provide forced appreciation. Located in a gated enclave near Arlington Heights Elementary, this is a premier Value-Add Asset for Luxury Renovators or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1826 Wellington Road Subject | $3,125,000* List Price | 4 | 4 | 2,400 | $1,366 | - |
A 4527 4527 St Charles Place Active | $2,999,000 List Price | 3 | 1 | 1,874 | $1,600 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, the property's main house shows significant signs of age and a lack of recent major renovations. The kitchen features very dated cabinets, stainless steel countertops, older appliances (commercial-style range, older refrigerator), and basic tile flooring/backsplash, all requiring a full modernization. The bathrooms also present outdated fixtures, tiling, and overall style. The presence of a portable AC unit suggests a lack of central air conditioning, which is a major system deficiency. While the hardwood floors in bedrooms appear functional, and the exterior is maintained, the critical areas of kitchen, bathrooms, and HVAC would require substantial rehabilitation and investment to meet current quality and comfort standards, aligning with the 'poor' condition criteria.
Situated within the prestigious, celebrity-favored Lafayette Square HPOZ, offering a unique blend of history, privacy, and prominence in a highly desirable Los Angeles enclave.
The residence boasts 'show-stopping curb appeal' and ensures 'absolute privacy' behind its gates, enhancing its desirability and exclusivity.
Features a classic architectural design with 'timeless craftsmanship' and 'stately proportions,' appealing to buyers who value elegance and legacy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1919. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property explicitly states 'view: None,' which may be a disadvantage for buyers seeking scenic vistas, a common premium feature in the Los Angeles luxury market.
While a future asset, the 400 sq ft ADU is not yet complete (scheduled for March/April 2026), meaning its full utility and value are not immediately available upon purchase.
Set behind the gates of the historic Lafayette Square HPOZ, this residence offers absolute privacy and show-stopping curb appeal in this celebrity-favored enclave. 1826 Wellington Rd blends timeless craftsmanship with stately proportions, ideal for those who value legacy, elegance, prominence, and convenience (unbeatable location). Lafayette Square holds a storied place in Los Angeles history, thanks to its variety of beautiful homes, situated close to world-class shopping, dining, and medical care. The 400 sf ADU is scheduled for completion in March/April 2026.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 4.0 | 2.0 | 76% |
| Square foot | 2,400 | 1,742 | 76% |
| Lot Size | 8,960 | 6,377 | 97% |
| Price | $3.12M | $1.33M | 98% |
| Price per sq ft | $1.3K | $764 | 98% |
| Built year | 1950 | 1926 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 180 | 25% |
Jan 6, 2026
$3,125,000
Initial Listing
Jan 25, 2006
$935,000
Public Record
Jul 19, 2001
$427,000
Public Record