$ 2,695,000
-
$2,695,000
Price -
3
Bed -
2
Bath -
2,097
SqFt
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About the Listing PB21941 - PWMARQITX
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.
Listing Highlights
Status
Active
Days on Site
46
Property Type
Residential
MLS ®
PW26036391
Year Built
1936
Total Square Footage
2,097
Lot/Acreage
0.19
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Microwave
- Air Cond:
- Heating:
- Fireplaces: Family Room,Living Room,Primary Bedroom
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: Back Yard,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others:
- Sewer: Unknown
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4366027007
- Tax Year: N/A
Payment Calculator
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Questions About..
507 Veteran Ave Los Angeles, CA 90024
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