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535 S Norton Avenue, Los Angeles, California 90020, Los Angeles, 90020 - 4 bed, 6 bath

535 S Norton Avenue, Los Angeles, California 90020 home-pic-0
ACTIVE UNDER CONTRACT$3,350,000
535 S Norton Avenue, Los Angeles, California 90020
4Beds
6Baths
4,100Sqft
7,170Lot
Year Built
1923
Close
-
List price
$3.35M
Original List price
$3.83M
Price/Sqft
$817
HOA
-
Days on market
-
Sold On
-
MLS number
24462245
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.35M(25th), sqft - 4100(13th), beds - 4(38th), baths - 6(50th).

Enjoy the rich atmosphere of a colorful Italian country house and garden in historic Windsor Square. Villa Abbondanza, designed and built in 1923 by Golden Age Architect Marshall P. Wilkinson, Sr. French windows in every room bring the garden in. Olive trees, grape vines and bougenvillia will make you will feel like you are in Italy. Enter the high-ceilinged living room with hardwood floors and crown moldings. Sit by the fireplace designed after one in the Davanzanti Palace in Florence. Listen to the fountain and take in the view of the pool from the dining room. Relax in the sunroom with its original Italian tiled floor and watch the sunset under the grape arbor in the courtyard. Eat in the kitchen or work in the windowed office both with views of the pool and courtyard. Large bedrooms with large walk-in closets allow for luxurious living in the heart of the city. Remodeled kitchen and bathrooms with top-of-the-line Viking electric appliances

Price History

Date
Event
Price
10/15/19
Sold
$2,800,000
Condition Rating
Excellent
The property features recently remodeled kitchen and bathrooms with top-of-the-line Viking electric appliances, as evidenced by the modern, high-quality finishes and fixtures in the images. Hardwood floors and original architectural details, such as the sunroom's Italian tiled floor, are impeccably maintained, presenting a pristine overall condition. While the home was built in 1923, the extensive and high-quality renovations bring key areas up to current standards, with no visible deferred maintenance.
Pros & Cons

Pros

Architectural Significance: Designed and built in 1923 by Golden Age Architect Marshall P. Wilkinson, Sr., lending unique historical and architectural value to the property.
Distinct Italian Villa Ambiance: The property offers a unique 'colorful Italian country house and garden' atmosphere, complete with olive trees, grape vines, bougainvillea, and a fireplace inspired by the Davanzati Palace.
Luxurious Interior Features: Boasts high-ceilinged living spaces, hardwood floors, crown moldings, large bedrooms with walk-in closets, and recently remodeled kitchen and bathrooms equipped with top-of-the-line Viking electric appliances.
Exceptional Outdoor Living: French windows seamlessly integrate the lush garden, fountain, pool, and a charming grape arbor courtyard, providing a serene and private outdoor experience.
Prime Historic Location: Located in the highly desirable and historic Windsor Square neighborhood, offering a prestigious address in the heart of Los Angeles.

Cons

Potential Overpricing: The current list price of $3.35M is 15% above the property's estimated value and significantly higher than its last sold price of $2.8M in 2019, potentially impacting market appeal.
Lack of Explicit Cooling System: The description does not mention an air conditioning or cooling system, which could be a significant comfort concern during hot Los Angeles summers.
Absence of Views: The property explicitly states 'view: None,' which may be a disadvantage for buyers seeking scenic or city views often desired in luxury Los Angeles homes.

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