507 Veteran Avenue, Los Angeles, CA 90024
Local realty services provided by:ERA North Orange County Real Estate
507 Veteran Avenue,Los Angeles, CA 90024
$2,695,000
- 3 Beds
- 2 Baths
- 2,097 sq. ft.
- Single family
- Active
Listed by: itxel marquez
Office: 1vision real estate
MLS#:PW26036391
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,695,000
- Price per sq. ft.:$1,285.17
About this home
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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Home facts
- Year built:1936
- Listing ID #:PW26036391
- Added:1 day(s) ago
- Updated:February 20, 2026 at 03:39 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,097 sq. ft.
Structure and exterior
- Year built:1936
- Building area:2,097 sq. ft.
Utilities
- Water:Public
Finances and disclosures
- Price:$2,695,000
- Price per sq. ft.:$1,285.17
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