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507 Veteran Avenue, Los Angeles, CA 90024
507 Veteran Avenue, Los Angeles, CA 90024
507 Veteran Avenue, Los Angeles, CA 90024
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HomeSmart Realty West

HomeSmart Realty West

+1(760) 607-5900
$2,695,000
Est. payment /mo
3 Beds
2 Baths
2,097 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

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

Year Built 1936

Lot Size 8,456 Sqft

Property Sub-Type Detached

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

Direction Cross Streets: Levering Ave and Veteran Ave, Ophir Dr and Veteran Ave

Interior

Fireplaces Type FP in Family Room, FP in Living Room

Fireplace No

Appliance Microwave

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 2

Building

Story 1

Sewer Unknown

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 4366027007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Itxel Marquez, DRE#01959436 1Vision Real Estate 

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HomeSmart Realty West

HomeSmart Realty West

+1(760) 607-5900

Broker | License ID: DRE#1905908

Broker License ID: DRE#1905908

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