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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, 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.
Property Type(s):
Single Family
| Last Updated | 7/25/2025 | Year Built | 1940 |
|---|---|---|---|
| Community | C13 - Palms - Mar Vista | County | Los Angeles |
Additional Details
| APPLIANCES | Dryer, Gas Oven, Washer |
|---|---|
| AREA | C13 - Palms - Mar Vista |
| GARAGE | Yes |
| HEAT | Gravity, Wall Furnace |
| LOT | 4996 sq ft |
| LOT DIMENSIONS | 45x111 |
| PARKING | Concrete, Garage |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Traditional |
| VIEW | Yes |
Location
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Listed with Shelburn Realty Corporation
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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