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3530 Grand View Boulevard, Los Angeles, California 90066, Los Angeles, 90066 - 6 bed, 4 bath

3530 Grand View Boulevard, Los Angeles, California 90066 home-pic-0
ACTIVE UNDER CONTRACT$2,500,000
3530 Grand View Boulevard, Los Angeles, California 90066
6Beds
4Baths
Sqft
10,176Lot
Year Built
1932
Close
-
List price
$2.5M
Original List price
$3M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
24448501
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(62th), sqft - 0(1th), beds - 6(96th), baths - 4(69th).

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 3538 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.

Nearby schools

8/10
Mar Vista Elementary School
Public,•K-5•0.4mi
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
7/10
Culver City Middle School
Public,•6-8•2.0mi
6/10
John Adams Middle School
Public,•6-8•2.0mi
6/10
Venice Senior High School
Public,•9-12•0.9mi
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
Built in 1932, this property is nearly a century old and shows significant signs of age and deferred maintenance. The description explicitly states it's a 'short sale' and 'sold as-is with no repairs or credits,' indicating major issues. The interior image reveals extremely rustic, unrefined wood paneling, worn hardwood floors, and an overall dated aesthetic that suggests no significant renovations have occurred in decades. While the listing mentions the option to 'remodel/expand,' the primary focus is on the land's development potential ('build ground up,' 'SB-9 eligible'), implying the existing structures require substantial rehabilitation or are candidates for demolition. The lack of visible modern amenities, combined with the property's age and 'as-is' sale, points to a need for extensive system replacements and structural evaluation, making it uncomfortable or potentially unsafe to live in its current state without significant investment.
Pros & Cons

Pros

Prime Location: Situated on prime Mar Vista Hill, this property is in a highly desirable and sought-after area, offering excellent long-term value.
Significant Development Potential: An ideal investment for creating a dream home, multiple profitable rental properties, or ground-up construction, catering to various investor visions.
SB-9 Eligibility: The property's SB-9 eligibility (buyer to verify) provides flexibility for creative designs and maximizing unit count, a significant advantage in the current housing market.
Contiguous Lot Availability: The option to acquire contiguous lots (3528 and 3538 also available) presents a unique opportunity for larger-scale development to meet housing demand.
Future View Potential: A second-story build offers the potential for desirable ocean and city views, significantly enhancing future property value and appeal.

Cons

Short Sale Transaction: The property is a short sale, subject to lender approval, which can lead to a prolonged and uncertain closing process.
As-Is Condition: Sold strictly 'as-is' with no repairs or credits from the seller, placing all responsibility for due diligence, inspections, and potential renovations on the buyer.
Occupancy Restrictions: The 'Do Not Disturb Occupants' directive limits showing access and may present challenges regarding vacant possession or tenant relations post-closing.

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