Back 1252 Preston Way
Off Market

1252 Preston Way

Los Angeles CA 90291

4
2
4
2532 sq. ft.
10890 sq. ft.
Single-Family
Last sold for $2,850,000
Jason DanielsJason Daniels, last sold this property on 06 April 2022 after 34 days on market.

Overview

Amazing opportunity in the highly sought-after neighborhood of Mar Vista (Venice Big Lots) to develop your dream home on a rare 10,891 sq/ft flat lot! Zoned R1V2 (Single Family Residence), the 2532 sq/ft home lives as a duplex that mirrors each other separated by an atrium. Each unit has 2 bedrooms and 1 bath with a 1920's charm, wood burning fireplaces in each unit that give access to a large backyard. There are so many possibilities that lend to one's imagination to create a true masterpiece. Whether you live in the property or use as an investment, the options are limitless. The oversized backyard. includes sprinkler system and mature trees that will take you to the 4 car garage in the rear of the property with gated entry from the alley. These opportunities rarely present themselves in this area so bring your vision along with your contractor. Close proximity to restaurants on Lincoln Blvd, Venice Canals, Abbot Kinney, and the beach.

Features

4 bedrooms
2 bathrooms
4 carspaces
2532 sq. ft. floor area
10890 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 1252 Preston Way is $2.49m.

Median value
$2.49m
Estimated value range
$1.75m - $7.09m
Median days on market
36
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1252 Preston Way

2022
Sold
$2,850,000
06 Apr 2022 by Jason Daniels, of Compass

Happy sellers in Los Angeles

60%
60% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Los Angeles over the last 12 months.

Local market activity for 4 bedroom single-family properties in Los Angeles

In the last 12 months, 50 four-bedroom single-family properties similar to 1252 Preston Way, have been sold.

This represents a 32% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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