3306 Veteran Avenue, Los Angeles, California 90034, Los Angeles, 90034 - 4 bed, 3 bath
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3306 Veteran Avenue
Los Angeles, California 90034
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,140Sq Ft
9,692Lot Size
Property Price
LIST PRICE$2,195,000
EST. MARKET VALUE
$2,308,737
4% BelowMARKET VALUE
SUMMARY
This 1951 ranch-style home represents a High-Potential Investment Opportunity, listed at $2,195,000—positioned well below the $2,308,738 Fair Market Value by 4%. This valuation gap offers $113,738 in Instant Equity. While the property maintains a Condition Rating of 4, its 9,692 sq ft lot with a sparkling pool provides significant upside for modernization. This is a prime value-add asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to customize a classic residence in the desirable Los Angeles Unified district.
Estimated Market Value
$2,308,737+$113,737 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3306 Veteran Avenue Subject | $2,195,000* List Price | 4 | 3 | 2,140 | $1,079 | - |
A 3301 Tilden Avenue Sold | $2,057,000 | 4 | 4 | 2,233 | $921 | 0.2 mi |
B 3125 Kelton Avenue Sold | $1,700,000 | 3 | 2 | 1,530 | $1,111 | 0.2 mi |
C 3132 Glendon Sold | $1,546,500 | 3 | 2 | 1,516 | $1,020 | 0.3 mi |
D 3755 S Bentley Pending | $1,700,000 List Price | 4 | 3 | 2,247 | $757 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1951 and held by the same family for 54 years, the home is well-maintained but significantly dated. While the interior appears clean and functional, the bathroom tile-work, fixtures, and wood-frame windows are well over 20 years old, indicating that the kitchen and major systems likely require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9692, living area = 2140.
- Expansive Lot and Outdoor Oasis
The property features a rare 9,692 sq ft lot with a park-like backyard, sparkling pool, and mature landscaping, providing an exceptional level of privacy and outdoor living space for the area.
- Architectural Character
This enchanting 1951 ranch-style home offers timeless appeal with wood floors, floor-to-ceiling windows, and high ceilings that create a bright and airy atmosphere throughout the formal living spaces.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Dated Interior Requirements
Given the long-term family ownership since the 1950s, the property likely requires significant capital investment for modernizing the kitchen, bathrooms, and systems to meet current luxury standards.
- Bathroom Configuration
The layout features only one bathroom on the second floor to serve two bedrooms, which may be seen as a functional drawback for modern families compared to contemporary suite designs.
About 3306 Veteran Avenue
Enchanting ranch style house set back from the street on a 9,692 sq ft lot. Mature trees and landscaping welcome you to the spacious formal living area with wood floors, fireplace and floor to ceiling windows overlooking the park-like backyard with ample grass, a garden and sparkling pool. Romantic dining room perfect for large or intimate gatherings, has brick floors and high ceilings that lead into the eat-in kitchen. Den with built-ins, one bedroom, an office (and/or 4th bedroom) and 1.5 bathrooms, with laundry closet complete the first floor. The second floor features two additional bedrooms and one bathroom. Attached 2-car garage with abundant off-street parking. Lovingly in the same family for over 54 years. This is one of those homes where you must feel the space in person to see what makes this property so special.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 9,692 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,140 | 1,664.159 |
| Lot Size | 9,692 | 6,066.556 |
| Price | $2.19M | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1951 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Pricing History
Listed for Sale
Aug 27, 2026
$2,195,000
Initial Listing