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Listed by Itxel Marquez, DRE #01959436 • 1Vision Real Estate
$ 2,695,000
Est. payment /mo
Active
507 Veteran AVE Los Angeles, CA 90024
3 Beds
2 Baths
2,097 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,097 sqft
Price per Sqft $1,285
MLS Listing ID CRPW26036391
Bedrooms 3
Full Baths 2
Year Built 1936
Lot Size 8,456 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Prime Westwood Development Opportunity - Exceptional Value-Add and Redevelopment Potential. Located in one of Los Angeles' most sought after neighborhoods near UCLA and Westwood Village, this 3 bedroom, 2 bath 1930s property presents a rare opportunity for developers, investors, and builders to reposition, expand, or redevelop. Surrounded by high value properties and strong resale demand, the property offers an ideal canvas for redevelopment or major renovation. Existing structure features multiple living areas, vaulted wood-beam ceilings, fireplaces, and original architectural details, providing optional restoration value or redevelopment flexibility. The lot features a multi-level backyard with usable space and excellent potential for expansion, reconfiguration, or new construction. Property comes with RTI plans and professionally designed landscape plans in place.. Buyer to verify all development potential, zoning, plans, approvals, permits, and intended use with the City of Los Angeles. This is a true value-add opportunity in a premier Westwood location with close proximity to UCLA, Westwood Village, major employment hubs, retail, dining, and transit. Ideal for developers, builders, and investors seeking a project with significant upside in a high-demand market. Sold as-is.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Rooms
Kitchen Microwave
Interior
Heating No Heating
Cooling None
Fireplaces Type Family Room, Living Room, Primary Bedroom
Laundry In Kitchen
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Story One Story
Sewer TBD
Water District - Public
Others
Tax ID 4366027007
Special Listing Condition Not Applicable
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