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$ 1,299,000
Est. payment | /mo
2 Beds
1 Bath
960 SqFt
$ 1,299,000
Est. payment | /mo
2 Beds
1 Bath
960 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $1,353
MLS Listing ID CL25567523
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 4,995 Sqft
Acres 0.1147
Property Sub-Type Single Family Residence
Property Description
Calling All Developers, Investors, and Visionaries! Welcome to 3664 Kelton Ave, a rare R2-zoned opportunity in the heart of Palms - one of LA's fastest-growing neighborhoods. This centrally located, mid-block traditional-style home sits on a generous lot and offers multiple paths to unlock serious value: (a) Rehab the existing structure, enhancing or expanding upon the current 2-bedroom, 1-bath layout. Whether you restore its charm or add square footage, there's plenty of potential to create a comfortable and stylish home with character, (b) Start fresh and bring your own vision to life. On this R2 lot, you can maximize buildable square footage to well over 4,000 SF, offering flexibility for a new construction single-family home, duplex, or more - perfect for those seeking to customize their home or maximize long-term value, (c) Move forward with the seller's existing plans, already submitted to the city, for a brand-new 4,200 SF residence plus 215 SF garage, featuring a front and rear home + attached JADU. Estimated ARV (after-repair value) is $3.2M, which pencils out to just $760/SF for new construction in a thriving Westside submarket. Whether you're a builder, developer, flipper or end-user, this is your chance to enter a prime location with multiple upside strategies at a lo
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Gravity, Wall Furnace
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry Dryer, Washer, Inside
Exterior
Pool None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One Story
New Construction No
Others
Tax ID 4252024022

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Listed by Kevin Shelburn • Shelburn Realty Corporation