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$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
$3.35M
Price/Sqft
$817
HOA
-
Days on market
-
Sold On
-
MLS number
25550135
Home ConditionGood
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
Good

This historic 1923 property, 'Villa Abbondanza,' presents in excellent, move-in ready condition due to its recently remodeled kitchen and bathrooms, featuring top-of-the-line Viking appliances and modern fixtures. The interior boasts well-maintained hardwood floors, recessed lighting, and charming original details like the Italian tiled sunroom floor. While the property retains its classic character and is not a new build, the significant, high-quality renovations in key areas ensure it meets modern living standards with minimal wear and tear, aligning perfectly with a 'Good' condition rating.
Pros & Cons

Pros

Historic Architectural Significance: Designed by Golden Age Architect Marshall P. Wilkinson, Sr. in 1923, 'Villa Abbondanza' offers a unique Italian country house aesthetic with distinctive features like a fireplace inspired by the Davanzati Palace.
Remodeled Kitchen & Bathrooms: The property features a remodeled kitchen and bathrooms equipped with top-of-the-line Viking electric appliances, blending modern functionality with historic charm.
Luxurious Interior Details: High-ceilinged living room, hardwood floors, crown moldings, a sunroom with original Italian tiled floor, and large bedrooms with walk-in closets contribute to a luxurious living experience.
Private Italianate Garden & Pool: The outdoor space is a serene oasis with olive trees, grape vines, bougainvillea, a fountain, and a pool, creating a private and picturesque setting.
Prime Windsor Square Location: Located in the historic and highly desirable Windsor Square neighborhood, offering a prestigious address in the heart of Los Angeles.

Cons

Significant Overpricing: The listing price of $3,350,000 is substantially higher than the estimated property value of $2,830,453.76, indicating a potential overvaluation that may deter buyers.
Age-Related Maintenance Concerns: Built in 1923, the property is over 100 years old, which may imply higher ongoing maintenance costs and potential for outdated infrastructure not covered by the mentioned remodels.
Lack of Cooling System Mention: The property description does not specify the presence of a cooling system (e.g., central AC), which could be a significant drawback and additional expense for buyers in Los Angeles' climate.

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