3617 Ocean View Avenue, Los Angeles, CA 90066

$2,395,000 Asking Price

4 beds
3 baths
3,044  sqft
Built in 1940

It could be years before another opportunity to own a nearly 11,000-square-foot lot on the west side of Ocean View comes along. In response to the frustration by private parties to the many recent off-market sales, here is a fantastic chance to team up with your favorite developer or builder to create a custom concept designed to your taste. Located in a highly desirable neighborhood with very few undeveloped lots left, this is an incredible opportunity that doesn't come around often. This fabulous lot provides a unique chance to leverage square footage and size to scale without necessitating a basement build. With today's building codes making it more difficult than ever to build an incredible home, this flat and fully usable lot provides a canvas for endless creative options for home designs. Because of the large size of the lot, many different concepts could work. One idea might be to remodel the existing 3,000-square-foot, 4-bedroom, 3-bath home that is located on the back edge of the lot. That would allow a spectacular new custom home to be built on the front of the lot while keeping the existing pool. Several nearby homes are hitting the market at $6,500,000, and there is certainly an upside here for a spectacular new build with a rooftop deck and ocean views.


Features & Amenities

Interior

Appliances:
Dishwasher,Refrigerator
Laundry:
Inside
A/C:
false, None
Heating:
true, Central
Fireplace:
Living Room, Fireplace

Exterior

General:
None
Style:
Traditional
Pool:
In Ground
Parking:
Door-Multi,Garage, Parking spaces: 2

Construction

General:
2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 4248026008
View:
View

Financial

Source:
CRMLS

This listing courtesy of:
Compass, Ron Wynn

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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