3571 Ocean View Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 2 bath

3571 Ocean View Avenue, Los Angeles, California 90066 home-pic-0

3571 Ocean View Avenue

Los Angeles, California 90066

ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
3Beds
2Baths
1,639Sq Ft
9,590Lot Size

Property Price

LIST PRICE$2,999,950
EST. MARKET VALUE
$2,759,613
8% AboveMARKET VALUE

SUMMARY

Analysis of 3571 Ocean View Avenue, Los Angeles, California 90066 reveals a property with a current list price of $2,999,950, which is 8% above the estimated $2,759,613 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$2,759,613
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3571 Ocean View Avenue
Subject
$2,999,950*
List Price
321,639$1,684-
A
3616 Mountain View Avenue
Sold
$2,630,000321,821$1,4440.2 mi
B
3470 Grand View Boulevard
Sold
$2,575,000211,243$2,0720.2 mi
C
12320 Stanwood Drive
Active
$2,199,000
List Price
421,533$1,4340.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property is explicitly marketed as a development opportunity and a 'teardown' for its land value. Built in 1950, the listing focuses entirely on the oversized 9,590 sq ft lot and the potential to build a new estate, indicating the existing structure is likely obsolete or requires demolition to reach the property's highest and best use.

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 = 9590, living area = 1639.

  • Expansive Development Lot

    The oversized 9,590 sq ft lot is a rare find in Mar Vista, providing significant scale and flexibility for developers or end-users to create a custom luxury compound or multi-unit project.

  • Prime Westside Location

    Perfectly positioned in a high-demand neighborhood, the property offers seamless access to Silicon Beach tech hubs, Venice, Santa Monica, and acclaimed dining and shopping.

CONSRISKS & DEFICIENCIES

  • Teardown Condition

    Built in 1950 and marketed primarily for land value, the existing structure likely requires a complete teardown or a massive capital-intensive renovation to meet modern luxury standards.

  • Lack of Scenic Views

    The listing explicitly notes a lack of views, which may be a competitive disadvantage compared to other high-priced properties in the area that offer coastal or city light vistas.

About 3571 Ocean View Avenue

ATTENTION ALL DEVELOPERS. Set on an expansive 9,590 sq ft lot in the heart of Mar Vista, 3571 Ocean View Avenue represents one of the rarest and most compelling opportunities on LA's Westside. A property defined not just by what it is today, but by what it can become. In a neighborhood where lot availability continues to shrink and demand only intensifies, this oversized parcel offers scale, flexibility, and vision. Whether you're an end user looking to create a private compound, a developer seeking your next signature project, or an investor focused on long-term upside, the canvas here is extraordinary. The depth and width of the lot allow for meaningful architectural possibilities Expand, reimagine, build new, design a modern estate with pool and guest house, or craft a refined coastal retreat that captures the spirit of the Westside lifestyle. There is room here to think bigger. Located in one of Los Angeles' most dynamic and desirable neighborhoods, Mar Vista has quietly evolved into a magnet for creatives, entrepreneurs, and families seeking proximity without compromise. Just minutes to Venice, Santa Monica, Culver City, and Beverly Hills, the address offers seamless access to beaches, tech hubs, acclaimed dining, and top-rated schools all while maintaining a strong sense of community and neighborhood charm. Large, buildable lots in prime Mar Vista are increasingly scarce. 3571 Ocean View Avenue delivers not only scale, but positioning an opportunity to secure land in a market where land is the true luxury.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1950
Lot Size
9,590 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Mar Vista Elementary School

Grades K-5 • 0.5 mi

8/10

Beethoven Street Elementary School

Grades K-5 • 0.6 mi

7/10

Grand View Boulevard Elementary School

Grades K-5 • 0.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
46%
Square foot1,6391,826
42%
Lot Size9,5905,751
95%
Price$3.00M$2.10M
73%
Price per sq ft$1.8K$1.2K
97%
Built year19501952
48%
HOA$0$0
50%
Days on market4174
1%

Pricing History

Listed for Sale

Mar 2, 2026

$2,999,950

Initial Listing

Sold

Oct 27, 1994

$297,000

Public Record

Browse Properties by State Browse housing market trends by state