880 Wellesley Avenue, Los Angeles, California 90049, Los Angeles, 90049 - 2 bed, 2 bath
ACTIVE$2,999,000$1,452/sqft
Est. Value: $2,446,595
-18%
AboveEstimate
880 Wellesley Avenue, Los Angeles, California 90049
2Beds
2Baths
1,452Sqft
4,700Lot
Price Vs. Estimate
The estimated value ($2,446,595.04) is $552,404.96 (18%) lower than the list price ($2,999,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Significant Price Discrepancy: The current listing price is 18% higher than the property's estimated value, suggesting potential overvaluation which could challenge market acceptance and prolong sale time.
Compared to the nearby listings
Price:$3.00M vs avg $3.88M ($-876,000)23%
Size:1,452 sqft vs avg 3,127 sqft3%
Price/sqft:$2.1K vs avg $1.3K94%
More Insights
Built in 1924 (102 years old).
Condition: Built in 1924, this charming cottage maintains a vintage feel. While the property appears well-maintained with good hardwood floors and updated stainless steel kitchen appliances, the kitchen features dated tile countertops and older cabinet styles. The absence of bathroom images suggests they likely align with the kitchen's condition—functional but not recently updated to modern standards. Given its age, major systems (electrical, plumbing, HVAC) are likely original or were last updated many decades ago, requiring potential future investment. It's livable and well-kept but shows its age and requires minor cosmetic updates in key areas.
Year Built
1924
Close
-
List price
$3M
Original List price
$3.2M
Price/Sqft
$2,065
HOA
-
Days on market
-
Sold On
-
MLS number
25504765
Home ConditionFair
Features
Deck
Patio
View-
About this home
Brentwood Charmer! Storybook cottage ideally situated, proximity to Santa Monica, Pacific Palisades, Westwood and Century City. 2 bedrooms/2 bath with attached 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.
J
John Cosentino
Listing Agent
Nearby schools
5/10
Brentwood Science School
Public,•K-5•0.3mi
5/10
Brockton Avenue Elementary School
Public,•K-5•0.7mi
9/10
Franklin Elementary School
Public,•PK-5•0.7mi
7/10
Nora Sterry Elementary School
Public,•K-5•1.5mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•2.7mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.9mi
9/10
Roscomare Road Elementary School
Public,•K-5•5.1mi
8/10
Lanai Road Elementary School
Public,•K-5•7.2mi
8/10
Lincoln Middle School
Public,•6-8•1.4mi
6/10
Gaspar De Portola Middle School
Public,•6-8•9.2mi
5/10
William Mulholland Middle School
Public,•6-8•10.1mi
6/10
University Senior High School
Public,•9-12•0.8mi
6/10
University Senior High School Charter
Public,•9-12•0.8mi
8/10
Santa Monica High School
Public,•9-12•2.5mi
6/10
Van Nuys Senior High School
Public,•9-12•10.0mi
Price History
Date
Event
Price
01/16/03
Sold
$755,000
Condition Rating
Fair
Built in 1924, this charming cottage maintains a vintage feel. While the property appears well-maintained with good hardwood floors and updated stainless steel kitchen appliances, the kitchen features dated tile countertops and older cabinet styles. The absence of bathroom images suggests they likely align with the kitchen's condition—functional but not recently updated to modern standards. Given its age, major systems (electrical, plumbing, HVAC) are likely original or were last updated many decades ago, requiring potential future investment. It's livable and well-kept but shows its age and requires minor cosmetic updates in key areas.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Brentwood Location: Ideally situated in the highly desirable Brentwood area, offering excellent proximity to Santa Monica, Pacific Palisades, Westwood, and Century City, and located on a corner lot north of Wilshire.
Unique Architectural Charm: A distinctive 'storybook cottage' with a vintage feel and charm throughout, providing unique character and curb appeal that stands out from modern constructions.
Versatile Attached Guest Suite: Includes an attached separate guest suite, offering valuable flexibility for various uses such as a private office, guest accommodations, or potential rental income.
Enhanced Primary Suite Features: The romantic primary suite boasts desirable features including a vaulted ceiling and a walk-in closet, contributing to a luxurious and comfortable living experience.
Private Outdoor Living Spaces: Features a bright, sunny, and private deck and patio, providing excellent opportunities for outdoor relaxation and entertaining.
Cons
Significant Price Discrepancy: The current listing price is 18% higher than the property's estimated value, suggesting potential overvaluation which could challenge market acceptance and prolong sale time.
Advanced Age & Potential System Updates: Built in 1924, the property's age implies that major systems (e.g., electrical, plumbing, HVAC) may be original or require significant modernization, potentially incurring substantial future costs for a buyer.
Modest Square Footage for Price Point: With 1452 sqft, the interior living space is relatively small for a property listed at nearly $3 million in the Brentwood market, which may limit its appeal to buyers seeking more expansive residences.