Calling All Developers, Investors, and Visionaries! Welcome to 3664 Kelton Ave, a rare R2-zoned opportunity in the heart of Palms - one of LA's fastest-growing neighborhoods. This centrally located, mid-block traditional-style home sits on a generous lot and offers multiple paths to unlock serious value: (a) Rehab the existing structure,… Read More enhancing or expanding upon the current 2-bedroom, 1-bath layout. Whether you restore its charm or add square footage, there's plenty of potential to create a comfortable and stylish home with character, (b) Start fresh and bring your own vision to life. On this R2 lot, you can maximize buildable square footage to well over 4,000 SF, offering flexibility for a new construction single-family home, duplex, or more - perfect for those seeking to customize their home or maximize long-term value, (c) Move forward with the seller's existing plans, already submitted to the city, for a brand-new 4,200 SF residence plus 215 SF garage, featuring a front and rear home + attached JADU. Estimated ARV (after-repair value) is $3.2M, which pencils out to just $760/SF for new construction in a thriving Westside submarket. Whether you're a builder, developer, flipper or end-user, this is your chance to enter a prime location with multiple upside strategies at a low cost basis. With its R2 zoning, deep lot, and development momentum already underway, 3664 Kelton Ave is a canvas ready to meet the moment. Read Less
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
960
Lot Size
0.11 Acres
Year Built
1940
MLS Number
25567523
30 Days Snapshot Of 90034
$1.98M
+16%
(avg) sold price
14
+27%
homes sold
68
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasOven, Dryer, Washer
Building
Built in 1940, Building area total: 960, Levels: One, Living area: 960, 1 story, Architectural style: Traditional, Common walls: NoCommonWalls
Fireplaces
None
Floors
Wood
Heating
Gravity, WallFurnace
Interior Features
SeparateFormalDiningRoom
Laundry
Inside
Lot
0.1147 acres, 4,995 square feet, Size: 4,995
Parking
2 totals parking, Concrete, DoorMulti, Garage
Pool
None
Property
Zoning: LARD2
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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