8824 Wonderland Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
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Los Angeles, California 90046
Analysis of 8824 Wonderland Avenue, Los Angeles, California 90046 is currently available with a list price of $999,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1975, this property is described as a 'value-add opportunity' that is move-in ready but dated. While the kitchen has seen some updates and the flooring appears functional, the overall aesthetic, presence of wall AC units, and 49-year age suggest it requires modernization and minor updates to meet current standards.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the prestigious Hollywood Hills West within the highly coveted Wonderland School District, this property offers significant long-term value and appeal for families and investors alike.
Priced under $1M, this residence presents a rare 'value-add' opportunity with a functional floor plan and solid architectural bones, allowing buyers to build immediate equity through cosmetic updates.
The property is marketed as an opportunity for gradual updating and utilizes virtual staging, suggesting that the 1975 finishes may require a modern overhaul to meet current luxury standards.
With only a one-car garage and a modest 2,500-square-foot lot, the property offers limited parking and minimal yard space compared to other single-family residences in the area.
Exceptional value-add opportunity in the heart of Laurel Canyon. Privately positioned with no direct neighbor on the right side, this well-maintained home offers great bones, a functional floor plan, and the opportunity to move right in while gradually updating and making it your own. An expansive terrace provides the perfect setting for outdoor entertaining while enjoying peaceful canyon views. The thoughtfully designed layout features a spacious living room, an updated kitchen with ample cabinetry and generous dining space, and a convenient powder room on the main level. Upstairs, two well-proportioned bedrooms and a full bathroom are complemented by charming stained-glass windows that add warmth and character to the home's architectural appeal. Located in the highly sought-after Hollywood Hills West within the coveted Wonderland School District, this residence is just moments from the Sunset Strip's renowned dining, shopping, and entertainment. Complete with a one-car garage, separate laundry room, and abundant potential, this is a rare opportunity to create a personalized retreat within the sought-after, artistic enclave of Laurel Canyon in the Hollywood Hills, just moments from the Sunset Strip and everything Los Angeles has to offer. Some photos virtual staging shown.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,646 | 1,672 |
| Lot Size | 2,500 | 6,067 |
| Price | $999.0K | $1.37M |
| Price per sq ft | $607 | $801 |
| Built year | 1975 | 1939 |
| HOA | $0 | $348 |
| Days on market | 7 | 56 |
Jul 15, 2026
$999,000
Initial Listing