8701 Wonderland Park Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 5 bath
8701 Wonderland Park Avenue
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 8701 Wonderland Park Avenue, Los Angeles, California 90046 reveals a Fairly Priced Property with a current list price of $2,995,000 aligned with the estimated $2,991,305 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8701 Wonderland Park Avenue Subject | $2,995,000* List Price | 5 | 5 | 3,255 | $919 | - |
A 8446 Kirkwood Drive Sold | $3,200,000 | 5 | 5 | 3,257 | $982 | 0.9 mi |
B 8921 Appian Way Active | $2,990,000 List Price | 3 | 4 | 2,740 | $1,091 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a fully renovated Spanish contemporary smart home that meets the highest quality standards. Despite its 1933 original build date, the interior and exterior have been extensively updated within the last few years. The chef's kitchen features top-tier integrated appliances and modern waterfall-edge islands, while the bathrooms are spa-inspired with steam showers and contemporary floating vanities. High-end finishes including light hardwood flooring, designer light fixtures, and a seamless indoor-outdoor flow with a pool, spa, and rooftop cabana indicate a complete, high-quality renovation with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Detached Guest House
The property features a separate 600 sq. ft. guest house with its own entrance, kitchen, and outdoor space, providing excellent potential for rental income, a studio, or multi-generational living.
- Premier Location & Education
Situated in the highly coveted Wonderland School District and eligible for Mulholland Tennis Club membership, this home offers a prestigious address just minutes from the Sunset Strip.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3255, other record living area = 2561. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Limited Lot Size
With a lot size of 5,409 sq. ft. supporting nearly 3,900 sq. ft. of total living space, the outdoor areas may feel compact for buyers seeking a traditional expansive yard.
- Canyon Topography
The Laurel Canyon location, while charming, often involves navigating narrow, winding roads and potential traffic congestion during peak hours, which may be a drawback for some commuters.
About 8701 Wonderland Park Avenue
Nestled in the vibrant heart of Laurel Canyon, just minutes from the legendary Sunset Strip, this newly renovated ~3300sqft Spanish contemporary smart home embodies the essence of Hollywood Hills living. Located in the coveted Wonderland School District and eligible for Mulholland Tennis Club membership, this residence blends modern luxury with true bohemian spirit. The four bedroom and four bathroom main house features a spacious open-concept living and dining area, bathed in natural light, flowing seamlessly to an indoor-outdoor backyard oasis. Entertain effortlessly with a fire pit, pool & spa, and a rooftop BBQ & cabana lounge. The chef's kitchen boasts top-tier appliances, two luxurious primary suites offer spa-inspired ensuite bathrooms with steam showers, while a generous guest bedroom (with ensuite) and additional full bathroom on the main floor provide ample space for family or visitors. The detached two-car garage and extra private parking for two more vehicles, four spots in total, add convenience and functionality. The upstairs primary suite opens to a sun-soaked rooftop deck with treetop canyon views, perfect for sunset sound baths, morning yoga, or al fresco dining. The backyard boasts a separate ~600 sq. ft. guest house, complete with its own entrance, bedroom, bathroom, kitchen, and private outdoor space. Live the California dream in the canyon, where timeless charm meets contemporary elegance.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1933
- Lot Size
- 5,409 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wonderland Avenue Elementary School
Grades K-5 • 0.3 mi
West Hollywood Elementary School
Grades K-5 • 1.7 mi
Gardner Street Elementary School
Grades K-6 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 84% |
| Baths | 5.0 | 3.0 | 78% |
| Square foot | 3,255 | 2,327 | 73% |
| Lot Size | 5,409 | 7,552 | 22% |
| Price | $3.00M | $2.33M | 71% |
| Price per sq ft | $920 | $952 | 43% |
| Built year | 1933 | 1958 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 168 | 3% |
Pricing History
Listed for Sale
Jan 29, 2026
$2,995,000
Initial Listing
Sold
Sep 27, 2022
$2,750,000
Public Record
Sold
Jul 7, 2003
$495,000
Public Record