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3528 Grand View Boulevard, Los Angeles, California 90066, Los Angeles, 90066 - 5 bed, 5 bath

3528 Grand View Boulevard, Los Angeles, California 90066 home-pic-0
ACTIVE UNDER CONTRACT$2,500,000
3528 Grand View Boulevard, Los Angeles, California 90066
5Beds
5Baths
Sqft
9,947Lot
Year Built
1921
Close
-
List price
$2.5M
Original List price
$3M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
24448873
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(62th), sqft - 0(1th), beds - 5(77th), baths - 5(77th).

Unique opportunity on prime Mar Vista Hill, where old world charm meets modern potential, making it an ideal investment for those looking to create a dream home. This lot features two existing structures, primary residence and ADU, offering an ideal canvas for your creative vision. Ocean and city view potential from a second story new build. Whether you choose to remodel the existing structures or build from the ground up, the potential is limitless. With contiguous lots (3538 and 3530 also available), you can develop three lots to cater to the growing demand for housing in this sought-after area. Developers will appreciate the flexibility and profit potential this SB-9 eligible property offers (buyer to verify with city), allowing for creative designs and maximizing unit count. Property is being offered as a SHORT SALE SUBJECT TO LENDER APPROVAL. Sold as-is. Buyer to verify development feasibility, restrictions and zoning. DO NOT DISTURB OCCUPANTS.

Nearby schools

8/10
Mar Vista Elementary School
Public,•K-5•0.3mi
7/10
Beethoven Street Elementary School
Public,•K-5•0.8mi
6/10
Grand View Boulevard Elementary School
Public,•K-5•0.8mi
4/10
Charnock Road Elementary School
Public,•K-6•1.0mi
4/10
Walgrove Avenue Elementary School
Public,•K-5•1.1mi
8/10
Clover Avenue Elementary School
Public,•K-5•1.2mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.2mi
6/10
La Ballona Elementary School
Public,•K-5•1.5mi
8/10
Grant Elementary School
Public,•PK-5•1.7mi
6/10
John Adams Middle School
Public,•6-8•2.0mi
7/10
Culver City Middle School
Public,•6-8•2.0mi
6/10
Venice Senior High School
Public,•9-12•1.0mi
8/10
Culver City High School
Public,•9-12•1.9mi
6/10
University Senior High School
Public,•9-12•2.8mi
8/10
Santa Monica High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
08/08/25
Price Change
$2,500,000
10/04/24
Listing
$3,000,000
Condition Rating
Poor
The property, built in 1921, is explicitly marketed as an opportunity to 'remodel the existing structures or build from the ground up,' indicating a need for substantial rehabilitation. The 'Sold as-is' clause reinforces this. The single interior image of the living room shows very dated features, including old hardwood floors and a rustic brick fireplace, with no signs of recent updates. The absence of kitchen and bathroom images strongly suggests these critical areas are in very poor, outdated condition, requiring complete renovation. The property's primary value appears to be in its land and redevelopment potential, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location & View Potential: Situated on prime Mar Vista Hill, offering significant potential for ocean and city views from a second-story new build, enhancing future value.
Exceptional Development Opportunity: An ideal canvas for creative vision, allowing for extensive remodeling, building from the ground up, or maximizing unit count due to SB-9 eligibility (buyer to verify).
Existing Structures Including ADU: Features two existing structures, including an Accessory Dwelling Unit (ADU), providing immediate income potential or flexible living arrangements.
Large Lot Size: With a generous lot size of 9,947 sq ft, it offers ample space for significant development or a custom dream home.
Contiguous Lot Availability: The unique opportunity to acquire and develop contiguous lots (3538 and 3530 also available) presents a rare chance for a larger-scale project.

Cons

Short Sale & Lender Approval: The property is a short sale, subject to lender approval, which can lead to a prolonged and uncertain transaction process.
As-Is Condition & Age: Sold in 'as-is' condition, and built in 1921, implying significant investment may be required for repairs, upgrades, or demolition to realize its full potential.
Extensive Buyer Due Diligence Required: Buyers are solely responsible for verifying development feasibility, restrictions, and zoning, adding complexity, cost, and risk to the acquisition.

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