507 Veteran Avenue, Los Angeles, CA, US, 90024
507 Veteran Avenue, Los Angeles, CA, US, 90024Basics
- Date added: Added 2 months ago
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 3
- Bathrooms: 2
- Area: 2097 sq ft
- Lot size: 8456, 8456 sq ft
- Year built: 1936
- View: None
- County: Los Angeles
- MLS ID: PW26036391
Description
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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.
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Location
- Directions: Cross Streets: Levering Ave and Veteran Ave, Ophir Dr and Veteran Ave
- Lot Size Acres: 0.1941 acres
Building Details
- Structure Type: House
- Water Source: Public
- Lot Features: BackYard
- Sewer: Unknown
- Common Walls: NoCommonWalls
- Garage Spaces: 2
- Levels: One
Amenities & Features
- Pool Features: None
- Parking Total: 2
- Cooling: None
- Fireplace Features: FamilyRoom, LivingRoom, PrimaryBedroom
- Heating: None
- Interior Features: AllBedroomsDown
- Laundry Features: InKitchen
- Appliances: Microwave
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Itxel Marquez
- Agent MLS: PWMARQITX
- Agent email: itzel@1vre.com
- Agent officephone: 714-261-9811
- Agent direct phone: 562-396-2673
Miscellaneous
- List Office Name: 1Vision Real Estate
- Listing Terms: Cash,Conventional
- Common Interest: None
- Community Features: Sidewalks
- Attribution Contact: 562-396-2673