880 Wellesley Avenue, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 3 bath
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Los Angeles, California 90049
This Brentwood Storybook Cottage is a High-Potential Investment Opportunity, listed at $2,735,000—positioned well above the $2,448,270 Fair Market Value by 11%. While the property commands a premium, its Condition Rating of 4 and flexible layout—featuring a 2-bedroom main house and a 1-bedroom guest suite—offer significant potential for value-add renovations. Located near Top-Rated Schools like Fairburn Avenue Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, charming residence in a prime Westside neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 880 Wellesley Avenue Subject | $2,735,000* List Price | 3 | 3 | 1,712 | $1,430 | - |
A 210 S Bundy Drive Sold | $2,250,000 | 3 | 2 | 1,922 | $1,171 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this property is well-maintained but reflects a 'vintage' condition with dated finishes. The kitchen features older tile countertops and cabinetry that likely exceed the 20-year mark, despite some newer stainless steel appliances. While functional and move-in ready, it requires cosmetic updates to the kitchen and likely the bathrooms to meet modern standards.
Elementary School: Fairburn Avenue Elementary School (9/10).
Ideally situated on a corner lot north of Wilshire, this property offers elite access to Santa Monica, Pacific Palisades, and Westwood, placing it in one of Los Angeles' most coveted and central Westside neighborhoods.
The layout features a 2-bedroom main house plus an attached 1-bedroom guest suite, providing rare versatility for a high-end home office, guest accommodations, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1712, other record living area = 1452. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1924, the property likely requires ongoing maintenance or significant capital investment to modernize century-old systems and ensure structural longevity compared to newer constructions.
At a list price exceeding $1,500 per square foot on a modest 4,700 square foot lot, the property commands a significant premium that may challenge buyers looking for more interior space or larger yard area.
Brentwood Charmer! Storybook cottage ideally situated, proximity to Santa Monica, Pacific Palisades, Westwood and Century City. 2 bedrooms/2 bath main house with attached 1 bedroom separate guest suite. Romantic primary suite w/vaulted ceiling and walk in closet. Vintage feel and charm throughout. Bright, sunny, private deck and patio all situated on a corner lot north of Wilshire.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,712 | 1,672 |
| Lot Size | 4,700 | 6,067 |
| Price | $2.73M | $1.37M |
| Price per sq ft | $1.6K | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$2,735,000
Initial Listing
Jan 16, 2003
$755,000
Public Record