$1,429,999 - 2 Bedroom, 1000 sq ft - Mar Vista Home! 1920's Spanish Style Home, Huge Lot, Expansion Ready (Mar Vista)

About This Housing

Charming 1920s Spanish-Style Home for Sale in Mar Vista

Now priced at $1,429,999. This is the most affordable property in Mar Vista, Los Angeles, CA 90066 on a lot of this size, featuring only a single standalone home. The owner may offer financing with 35 percent down at 6 percent interest for two years, though a cash offer is preferred.

Overview

This delightful 1920s Spanish-style residence at 4354 Coolidge Ave. is available for purchase or lease. It is currently occupied by a tenant at $4,560 per month with a lease ending in February, providing an immediate income stream with a cap rate of approximately 2.7 percent. The property sits on a generous 5,870 square foot lot with substantial development possibilities.

Features and Amenities

• Spacious Lot: 5,870 square feet, one of the largest available at this price point.
• Development Potential: Opportunity to construct a large primary residence, an ADU, and a junior ADU (three total units). Lot subdivision is also an option.
• Property Highlights: Hardwood floors throughout, newly refreshed kitchen and bathroom with updated flooring and vanity, large bright rooms with exceptional natural light.
• Included Appliances: Refrigerator, stove, washer, and dryer are all included.
• Parking: Two-car garage plus driveway parking for four additional vehicles.
• Outdoor Space: Expansive yard with shade trees, a large deck, and ample garden area. Includes a work space inside and behind the garage.
• Financial Details: Tenant covers all costs except property taxes and basic insurance. The owner may provide financing or consider joint venture proposals.

Contact Information

For details, financing options, or joint venture proposals, contact:

Douglas Weitzman
Attorney at Law | Real Estate Broker (00614072)
Please call or email using the contact info provided in the original listing.