3617 Ocean View Avenue, Los Angeles, California 90066
- Residential Property Type
- 65 Days Time on market
- $787 Price per sqft
- 1940 Year Built
It could be years before another opportunity to own a nearly 11,000-square-foot lot on the west side of Ocean View comes along. In response to the frustration by private parties to the many recent off-market sales, here is a fantastic chance to team up with your favorite developer or builder to create a custom concept designed to your taste. Located in a highly desirable neighborhood with very few undeveloped lots left, this is an incredible opportunity that doesn’t come around often. This fabulous lot provides a unique chance to leverage square footage and size to scale without necessitating a basement build. With today’s building codes making it more difficult than ever to build an incredible home, this flat and fully usable lot provides a canvas for endless creative options for home designs. Because of the large size of the lot, many different concepts could work. One idea might be to remodel the existing 3,000-square-foot, 4-bedroom, 3-bath home that is located on the back edge of the lot. That would allow a spectacular new custom home to be built on the front of the lot while keeping the existing pool. Several nearby homes are hitting the market at $6,500,000, and there is certainly an upside here for a spectacular new build with a rooftop deck and ocean views.