3521 Inglewood Boulevard, Los Angeles, California 90066, Los Angeles, 90066 - 2 bed, 2 bath
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Los Angeles, California 90066
This RTI Development Asset is listed at $2,349,000, reflecting the premium value of its Ready-to-Issue plans for a 4,621 sqft luxury compound. While the existing structure carries a $2,148,527 Fair Market Value, the project provides a substantial Value-Add Opportunity featuring a 3,469 sqft main home, a 1,152 sqft ADU, and Mountain Views. Holding a Condition Rating of 6, the property is ready for immediate construction near the top-rated Mar Vista Elementary School. This is a high-upside acquisition for Luxury Developers and Owner-Builders looking to capitalize on the Westside's premium market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3521 Inglewood Boulevard Subject | $2,349,000* List Price | 2 | 2 | 1,648 | $1,304 | - |
A 11920 N Park Avenue Sold | $2,000,000 | 2 | 2 | 1,534 | $1,304 | 0.7 mi |
B 3604 Moore Street Sold | $1,800,000 | 4 | 2 | 1,625 | $1,108 | 0.7 mi |
C 3360 Halderman Sold | $2,100,000 | 3 | 2 | 1,223 | $1,717 | 0.7 mi |
D 12320 Stanwood Drive Pending | $1,900,000 List Price | 4 | 2 | 1,533 | $1,239 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1950 (74 years old) with no mentioned renovations to the existing structure. The listing is explicitly marketed as a development opportunity with Ready to Issue (RTI) plans for a new luxury compound, indicating the current residence is intended to be replaced to achieve the land's highest and best use.
The property includes Ready-to-Issue (RTI) plans for a 4,621 sqft luxury compound, allowing developers or homeowners to bypass the lengthy permitting process and begin construction immediately.
The included plans feature a substantial 1,152 sqft ADU with its own entrance and address, providing exceptional flexibility for high-yield rental income, multigenerational living, or a private guest house.
Situated in a highly sought-after Westside neighborhood on an attractive street, the property is within walking distance to the top-rated Mar Vista Elementary School and benefits from strong local market appreciation.
While the RTI plans add value, the $2.349M list price is essentially for the land and permits, requiring the buyer to have significant additional liquidity to fund the high-end luxury build-out.
The existing 1950s structure is modest compared to the neighborhood's luxury standards, making this primarily a teardown or major redevelopment project rather than a move-in ready option for traditional buyers.
Situated on a beautiful street in the heart of highly desirable Mar Vista, this exceptional property offers a rare opportunity for homeowners, investors, and developers alike. The existing residence features 2 beds and 2 baths across approximately 1,678 sqft on a generous 6,475 sqft lot, complete with a detached garage, additional rear rec room, expansive yard space, and excellent frontage on one of the neighborhood's most attractive streets.What truly sets this offering apart is the incredible future development potential. With RTI plans ready, you can start building right away! Included are plans for a stunning modern luxury compound totaling 4,621 square feet, consisting of a 3,469 sqft main residence paired with an attached 1,152 sqft ADU. Thoughtfully designed for maximum flexibility and functionality, the ADU features its own separate entrance and house #, making it ideal for multigenerational living, private guest quarters, in-laws, or substantial rental income potential.The proposed architectural design embraces sophisticated contemporary living with expansive open-concept interiors, soaring natural light, seamless indoor-outdoor flow, and approximately 1,000 square feet of additional outdoor living space including decks, balconies, and porches. The layout has been meticulously crafted to offer both openness and privacy, accommodating either one large family or two separate households with ease.Luxury amenities include multiple fireplaces, heated pool with waterfall feature, solar panels, electric vehicle charging, premium natural stone finishes, striking metal cladding, sumptuous en-suite bedrooms, and a serene Japanese garden-inspired landscape concept that creates a tranquil private retreat in the middle of the city. Every detail of the floor plan has been designed to maximize usability, comfort, entertaining, and modern California living.The project was designed by a highly regarded architect whose luxury developments have repeatedly achieved exceptional resale values across the Westside. The strength of the market is evident, with nearby record-breaking sales such as 11948 Modjeska Pl sold for $10m, highlighting the tremendous upside and demand for high-end modern products in the area. For developers and investors, this represents a compelling opportunity with strong projected resale potential, while end-users have the unique ability to create a dream estate tailored for luxury living in one of West LA's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 12% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,648 | 2,042 | 38% |
| Lot Size | 6,475 | 5,597 | 71% |
| Price | $2.35M | $2.00M | 63% |
| Price per sq ft | $1.4K | $1.1K | 83% |
| Built year | 1950 | 1951 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 122 | 8% |
May 6, 2026
$2,349,000
Initial Listing
Nov 5, 2024
$1,600,000
Public Record