Traditional

3664 Kelton Avenue

Los Angeles , CA 90034

MLS#: 25567523

$1,299,000

Status: Active
Listing number: 25567523
Listing provided by: Shelburn Realty Corporation
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1940

Sq.Footage

960

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 low cost basis. With its R2 zoning, deep lot, and development momentum already underway, 3664 Kelton Ave is a canvas ready to meet the moment.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Gravity, Wall Furnace

Exterior

  • Garage

    No

  • Parking

    Concrete, Garage

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1147

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,299,000

  • Sq. Footage

    960

  • Price/SqFt

    $1,353

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

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Los Angeles

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Listing Courtesy of Kevin Shelburn , Shelburn Realty Corporation

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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 low cost basis. With its R2 zoning, deep lot, and development momentum already underway, 3664 Kelton Ave is a canvas ready to meet the moment.

3664 Kelton Avenue

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