507 Veteran AVE, Los Angeles, CA 90024
507 Veteran AVE, Los Angeles, CA 90024
507 Veteran AVE, Los Angeles, CA 90024
507 Veteran AVE, Los Angeles, CA 90024
507 Veteran AVE, Los Angeles, CA 90024
507 Veteran AVE, Los Angeles, CA 90024
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$ 2,695,000
Est. payment | /mo

3 Beds

2 Baths

2,097 SqFt


$ 2,695,000
Est. payment | /mo

3 Beds

2 Baths

2,097 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,097 sqft

Price per Sqft $1,285

MLS Listing ID PW26036391

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1936

Lot Size 8,454 Sqft

Property Sub-Type Single Family Residence

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

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Heating None

Cooling None

Fireplaces Type Family Room, Living Room, Primary Bedroom

Fireplace Yes

Appliance Microwave

Laundry In Kitchen

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Unknown

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 4366027007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Itxel Marquez 1Vision Real Estate 562-396-2673, DRE #01959436
NEARBY SCHOOL & BUSINESS
Donnie Bowen

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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507 Veteran AVE