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Listed price in listed location currency (USD).
$2,695,000

322

MLS® PW26036391

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2097 sqft
Garage Yes
Taxes 
Days Active 27
Lot Size 0.1941 acres
Approx. Age 1936
Avg. Price Per Sqft $1,285
MLS® Number PW26036391

Property Address: 507 Veteran Ave, Los Angeles, CA, 90024-1915

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberPW26036391
Laundry LevelIn Kitchen
Central VacNo
FireplaceNo
Acreage0.1941
Exterior
GarageYes
Approx. Age1936
Basement
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$2,695,000List Price
Aug 27, 2025End Date
$2,330,000Sold Price

Sold

Aug 15, 2025List Date
$2,200,000List Price

Home Appraisal

This property is estimated to sell between: $2,300,000 and $2,893,000.
Similar properties in this area sold on average for: $2,300,000
Expected to sell in 43 days. Similar properties sold in 70 days. This home has been on eXp Realty for 27 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
507 Veteran Ave, Los Angeles, CA

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