3124 Veteran Avenue, Los Angeles, California 90034, Los Angeles, 90034 - 3 bed, 3 bath

3124 Veteran Avenue, Los Angeles, California 90034 home-pic-0
ACTIVE$1,650,000
3124 Veteran Avenue, Los Angeles, California 90034
3Beds
3Baths
1,566Sqft
6,442Lot

Price Vs. Estimate

The estimated value ($1,501,183.04) is $148,816.96 (9%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in the desirable Westside Village, offering excellent access to major hubs like Santa Monica, Century City, Westwood, Culver City, LAX, Downtown, Light Rail, and the Beach.
Top Cons:
Fixer-Upper / As-Is Condition: The property is explicitly described as a 'fixer' and sold 'AS IS,' indicating it requires substantial time and financial investment for remodeling and upgrades.

Compared to the nearby listings

Price:$1.65M vs avg $1.65M (+$0)50%
Size:1,566 sqft vs avg 1,742 sqft38%
Price/sqft:$1.1K vs avg $98963%

More Insights

Built in 1937 (88 years old).
Condition: The property, built in 1937, is explicitly marketed as a 'fixer' and sold 'AS IS,' indicating it requires substantial repairs and rehabilitation. While a new roof was installed in 2017, the interior images reveal significantly outdated features, particularly in the bathroom with its older vanity, fixtures, and lighting, and a room with dated wood paneling and tile flooring. The description also notes that 'photos are not all current,' suggesting the actual condition may be worse. Major systems and interior aesthetics are clearly past their expected lifespan and require extensive modernization.
Year Built
1937
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$1,054
HOA
-
Days on market
-
Sold On
-
MLS number
25604859
Home ConditionPoor
Features
Patio
View

About this home

Attention builders/developers. Fabulous opportunity in Beautiful Westside Village. Large 6442 sqft Flat Lot, great location! This is a fixer with so much potential...Sold in AS IS condition. For those who have time and money to remodel: Charming Home w/authentic Southwestern curb appeal. Great Outdoor Patio Areas for indoor-outdoor living. Large Eat-in Kitchen, garden window & open floor plan to living & dining areas. Lounge & relax in this large primary suite w/en suite bath & huge walk-in closet & French Doors which open to a side garden. Hobby/painting studio or exercise rm, office/den w/decorative fireplace, direct access 2-car garage & 2 side by side parking spaces in the driveway, huge outdoor patio areas for entertaining. New roof & gutters as of 2017, Located in the Clover Avenue School District, a Blue Ribbon School. Easy access to SM, Century City, Westwood, Culver City, LAX, Downtown, Light Rail & the Beach. (note: photos are not all current) Easy to show by appointment.

Condition Rating
Poor

The property, built in 1937, is explicitly marketed as a 'fixer' and sold 'AS IS,' indicating it requires substantial repairs and rehabilitation. While a new roof was installed in 2017, the interior images reveal significantly outdated features, particularly in the bathroom with its older vanity, fixtures, and lighting, and a room with dated wood paneling and tile flooring. The description also notes that 'photos are not all current,' suggesting the actual condition may be worse. Major systems and interior aesthetics are clearly past their expected lifespan and require extensive modernization.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the desirable Westside Village, offering excellent access to major hubs like Santa Monica, Century City, Westwood, Culver City, LAX, Downtown, Light Rail, and the Beach.
Development & Renovation Potential: A large 6442 sqft flat lot explicitly marketed to builders/developers, indicating significant potential for expansion, remodeling, or new construction.
Blue Ribbon School District: Located within the highly-regarded Clover Avenue School District, a significant draw for families seeking quality education.
Outdoor Living & Entertaining: Features great outdoor patio areas for indoor-outdoor living and entertaining, enhancing lifestyle appeal.
Recent Roof Update: A new roof and gutters were installed as of 2017, mitigating a common major maintenance concern for older homes.

Cons

Fixer-Upper / As-Is Condition: The property is explicitly described as a 'fixer' and sold 'AS IS,' indicating it requires substantial time and financial investment for remodeling and upgrades.
Outdated Marketing Photos: The listing notes that 'photos are not all current,' which can be misleading and may suggest the property's current condition is worse than depicted.
Price Discrepancy: The listing price is approximately 9% higher than the estimated property value, which could be a challenge for buyers, especially considering its 'fixer' status.

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