$2,500,000
$500K PRICE DROP

Estimated payment $15,407/month

Total Views 638
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Detached Guest House
  • Art Studio
  • Wood Flooring
  • Mar Vista Elementary Rated A
  • Craftsman Architecture
  • No HOA

About This Home

ATTENTION BUILDERS/DEVELOPERS. Unique opportunity on prime Mar Vista Hill. Ideal investment for those looking to create a dream home or several profitable rental properties in a desirable location. This lot features three existing structures and offers an ideal canvas for your creative vision. Ocean and city view potential from a second story build. Remodel/expand the existing structures or build ground up. With contiguous lots (3528 and 3530 also available), you can develop 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. This offering is a SHORT SALE subject to lender approval. Buyer to conduct all due diligence and submit best possible offer for lender consideration. Property sold as-is with no repairs or credits provided by Seller. All terms and final acceptance are subject to lender review and written approval. DO NOT DISTURB OCCUPANTS.

Listing Agent

Tatiana Derovanessian

Keller Williams Beverly Hills License #01912761

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,560

Year Built

  • Built in 1941

Lot Details

  • 9,948 Sq Ft Lot
  • Lot Dimensions are 60x166
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2-Story Property
  • Art Studio

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Homes

  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4248-023-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,560

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Lot Acreage: 0.2284
  • Lot Dimensions: 60x166
  • Year Built: 1941
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Brick, Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0

Exterior Features

  • Other Structures: Accessory Bldgs
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4248-023-020
  • Lot Size Area: 9948

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,560 $1,507,723 $1,342,728 $164,995
2023 $10,216 $812,109 $564,225 $247,884
2022 $5,865 $462,515 $307,167 $155,348
2021 $5,786 $453,447 $301,145 $152,302
2020 $5,841 $449,259 $298,058 $151,201
2019 $5,621 $440,460 $292,214 $148,246
2018 $5,526 $431,834 $286,485 $145,349
2016 $5,280 $414,625 $275,361 $139,264
2015 $5,207 $408,398 $271,225 $137,173
2014 $5,245 $400,399 $265,913 $134,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Price Changed $2,500,000 0.0% --
05/15/2025 05/15/25 For Sale $2,500,000 -16.7% --
04/25/2025 04/25/25 Off Market $3,000,000 -- --
04/17/2025 04/17/25 For Sale $3,000,000 0.0% --
03/27/2025 03/27/25 Pending -- -- --
10/04/2024 10/04/24 For Sale $3,000,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title
Quit Claim Deed $2,174,000 First American Title
Quit Claim Deed $1,166,500 First American Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $333,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $409,500 New Conventional
Previous Owner $435,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $435,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $432,250 Unknown
Previous Owner $490,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $465,800 Purchase Money Mortgage
Previous Owner $465,800 Purchase Money Mortgage
Closed $1,100,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 24-448153

The MLS

APN: 4248-023-020