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

3571 Ocean View Avenue
Los Angeles, California 90066
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3571 Ocean View Avenue Subject | $2,999,950* List Price | 3 | 2 | 1,639 | $1,684 | - |
A 3616 Mountain View Avenue Sold | $2,630,000 | 3 | 2 | 1,821 | $1,444 | 0.2 mi |
B 3470 Grand View Boulevard Sold | $2,575,000 | 2 | 1 | 1,243 | $2,072 | 0.2 mi |
C 12320 Stanwood Drive Active | $2,199,000 List Price | 4 | 2 | 1,533 | $1,434 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Beethoven Street Elementary School
Grades K-5 • 0.6 mi
Grand View Boulevard Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,639 | 1,826 | 42% |
| Lot Size | 9,590 | 5,751 | 95% |
| Price | $3.00M | $2.10M | 73% |
| Price per sq ft | $1.8K | $1.2K | 97% |
| Built year | 1950 | 1952 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 174 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$2,999,950
Initial Listing
Sold
Oct 27, 1994
$297,000
Public Record








