$ 1,299,000
-
$1,299,000
Price -
2
Bed -
1
Bath -
960
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X82893 - C135518
Ready to issue permits ("RTI") for a brand-new duplex + JADU totaling nearly 4,500 sqft. 3664 Kelton Ave offers one of the most compelling development opportunities in booming Palms-Mar Vista area. This R2-zoned, mid-block property comes with approved plans for a duplex consisting of two (2) spacious 2,020 sqft units - Unit A: 3br/3.5ba + flex room; Unit B: 4br/4.5ba with a private yard. Additionally, there is a 220 sqft JADU with its own dedicated entrance. This layout is ideal for multi-generational living, luxury rental income - with an estimated gross monthly income of $16k - $18k/mo or $204k/yr - or a savvy way for an owner-user to subsidize their monthly expense with rental revenue. Set on a deep lot in one of the Westside's fastest-growing neighborhoods, 3664 Kelton Ave gives buyers multiple ways to unlock value: (a) move forward immediately with the RTI plans for a striking ~4,500 sqft new-construction project, (b) renovate or expand the existing 2-bed, 1-bath home, restoring its charm and adding modern comfort and style, (c) start fresh with your own vision, capitalizing on generous R2 zoning and continued demand for new housing. There is no requirement to proceed with the current RTI plans; the next owner retains full flexibility to rehab, redesign, or reimagine the property entirely.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Residential
MLS ®
25626933
Year Built
1940
Total Square Footage
960
Lot/Acreage
0.11
County
Los Angeles
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Oven-Gas, Gas
- Air Cond: Ceiling Fan
- Heating: Gravity,Wall
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Dining Area,Unfurnished
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 45x111
- Zoning: LARD2
- Roof: Asphalt
- Others:
- Sewer:
- Parking Features: Driveway - Concrete,Garage - 2 Car
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3664 Kelton Ave Los Angeles, CA 90034
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
