8625 Wonderland Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 6 bath
ACTIVE$3,849,000
8625 Wonderland Avenue, Los Angeles, California 90046
5Beds
6Baths
4,100Sqft
12,816Lot
Year Built
1931
Close
-
List price
$3.85M
Original List price
$3.85M
Price/Sqft
$939
HOA
-
Days on market
-
Sold On
-
MLS number
25497259
Home ConditionExcellent
Features
Good View: Canyon
Deck
Pool
Patio
ViewCanyon
About this home
Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.85M(83th), sqft - 4100(88th), beds - 5(86th), baths - 6(92th).
This opulent Laurel Canyon double lot luxury property! is an entertainer's dream home; with parking for 7 cars and a massive pool. It has been a part of music history for decades. This home has one of the flattest lots in laurel canyon; 1/3 of an acre and is located near the prestigious Wonderland Elementary School. This home has all the modern amenities one could need, including but not limited to Carrera countertops, double washer and dryer combo, full outdoor kitchen, and an efficiency unit below that can be rented out and closed off to the main residence if desired. This is a rare find in laurel canyon as well as a piece of music history.
Nearby schools
9/10
Wonderland Avenue Elementary School
Public,•K-5•0.2mi
9/10
West Hollywood Elementary School
Public,•K-5•1.7mi
7/10
Gardner Street Elementary School
Public,•K-6•2.0mi
8/10
Valley View Elementary School
Public,•K-6•2.3mi
7/10
Rio Vista Elementary School
Public,•K-5•2.5mi
8/10
Hawthorne Elementary School
Public,•K-8•2.7mi
6/10
Walter Reed Middle School
Public,•6-8•2.7mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.2mi
7/10
Fairfax Senior High School
Public,•9-12•2.4mi
6/10
Hollywood Senior High School
Public,•9-12•2.7mi
8/10
North Hollywood Senior High School
Public,•9-12•3.7mi
9/10
Beverly Hills High School
Public,•9-12•3.9mi
6/10
University Senior High School Charter
Public,•9-12•6.5mi
6/10
University Senior High School
Public,•9-12•6.5mi
Price History
Date
Event
Price
11/05/19
Sold
$3,400,000
09/23/16
Sold
$3,438,000
03/28/16
Sold
$2,000,000
Condition Rating
Excellent
Despite being built in 1931, this property has undergone an extensive and high-quality renovation, bringing all visible components to a virtually new standard. The kitchen boasts modern white shaker cabinets, Carrera countertops, and high-end stainless steel appliances. Bathrooms feature contemporary vanities, Carrera-style tops, modern fixtures, and pristine tiling. Hardwood floors and large format tiles are in excellent condition throughout, complemented by modern lighting. The description explicitly mentions 'modern amenities' and 'Carrera countertops,' which is strongly supported by the images, indicating a recent and comprehensive update that meets current quality standards.
Pros & Cons
Pros
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Laurel Canyon Location & Flat Lot: Situated on a desirable double lot in Laurel Canyon, featuring one of the area's rare flat 1/3 acre parcels, offering superior usability and appeal.
Exceptional Entertainment Capabilities: Designed as an 'entertainer's dream home' with a massive pool, full outdoor kitchen, and ample parking for 7 cars, ideal for hosting large gatherings.
Historical & Unique Appeal: The property boasts a rich history, having been 'a part of music history for decades,' adding significant unique value and cultural cachet.
Modern Interior & High-End Finishes: Features modern amenities including Carrera countertops and a double washer and dryer combo, providing contemporary comfort and luxury.
Income-Generating Potential: Includes a separate efficiency unit that can be rented out or closed off, offering flexibility and potential for additional income.
Cons
Age of Construction: Despite modern updates, the 1931 build year may raise concerns about underlying infrastructure (e.g., plumbing, electrical, foundation) that could require future investment.
Significant Discrepancy in Valuation: The list price of $3.849M is considerably higher than the estimated property value of $2.457M, which could indicate an aggressive pricing strategy or a challenge in justifying the premium to potential buyers.
High Ongoing Maintenance: The extensive features such as a double lot, massive pool, and full outdoor kitchen suggest potentially high ongoing maintenance costs for landscaping, pool care, and general upkeep.