507 Veteran Ave, Los Angeles, CA 90024
$2,695,000 Mortgage Calculator Active Single Family Residence
Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW26036391
MLS Source
California Regional MLS
Days on Site
20
Interior Features
Bedrooms
Ground Floor Bedroom
Appliances
Microwave
Fireplace
Family Room, Living Room, Primary Bedroom
Laundry
In Kitchen
Cooling
None
Heating
No Heating
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
507 Veteran Ave is a Single Family Residence in Los Angeles, CA 90024. This 2,097 square foot property sits on a 8,456 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $2,695,000 and was built in 1936. This address can also be written as 507 Veteran Ave, Los Angeles, CA 90024.
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This listing information is up-to-date as of March 09, 2026. For the most current information, please contact Itxel Marquez, (562) 396-2673
