3 months on rocket

2536 Military Ave, Los Angeles, CA, 90064

$1,875,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
2,451 SqFt
$765/SqFt
House

Location

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2536 Military Ave, Los Angeles$1,875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Garage4 spaces
Year Built1939
HeatingNone
CoolingNone
MLS #24438905
Lot Size0.21 Acres
StatusActive

About 2536 Military Ave

West Los Angeles Owner-User, Two units to be delivered Vacant, including the owner's unit, - Investor Opportunity -- This versatile fourplex in West Los Angeles is an exceptional find for both owner-users and investors, offering significant upside potential in a high-demand location. For those looking to live on-site, the soon-to-be vacant "Owner's Unit" provides a unique opportunity. This spacious 2-bedroom, 1-bath residence, located at the rear of the property, includes a private entrance, an enclosed yard, a garage, and two additional parking spaces. It is an ideal choice for families or individuals who want the comfort of a single-family home with the benefit of rental income from the other units to help offset expenses. For investors, the property offers substantial value-add opportunities. Two of the units are exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for greater rental income potential. Additional value can be created by an accessory dwelling unit (ADU) conversion, as the property includes a free-standing garage structure and six uncovered parking spaces. The 9,268-square-foot lot provides further redevelopment possibilities, appealing to experienced developers who may envision creating a large single-family home with an ADU, provided by the LAR1 zoning. This property stands out in a prime location undergoing revitalization, close to the new UCLA Research Park, the recently transformed Westside Pavilion. The property features lush landscaping, an enclosed front patio, and California palm trees which enhances the curb appeal. Residents will appreciate the proximity to the Expo Westwood/Rancho Park station, providing convenient access to Downtown Los Angeles and Santa Monica. Cyclists will enjoy the adjacent cross-city bike path.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 0
  • Living Area: 2,451 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: D. Timothy Byrne

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: On Military just south of Pico, north of Exposition

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,875,000
  • Price Per SqFt: $765/SqFt

Tax Information:

  • Annual Amount: $16,143
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

41

# of Sold Homes

1467

2536 Military Ave vs Los Angeles

113 DAYS ON ROCKET

+72 Days

$1,875,000

+$848.3K More

$765/SqFt

+$124 More

KEY TAKEAWAY

This property is $848.3K more than the Median Sold Price and $124/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24438905

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: D. Timothy Byrne

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 5:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 22, 2013Home Sold
$1,175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,143$1,336,730
2020$15,661$1,323,025
2019$15,565$1,297,084
2018$15,281$1,271,652
2017$15,281$1,246,719

History based on county public records data.

Payment Calculator

$9,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,688

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-417841
9
/10
  • Overland Elementary School

  • 10650 Ashby Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-417842
9
/10
  • Clover Avenue Elementary School

  • 11020 Clover Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-417843
9
/10
  • Westwood Charter Elementary School

  • 2050 Selby Ave

  • 0.75 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,509. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2536 Military Ave

What is the listing price of this property?

The listing price of 2536 Military Ave property is $1,875,000.

What type of property is this?

The property 2536 Military Ave is a house located in Los Angeles, California, 90064.

Is this property for sale now?

Active Listing: 2536 Military Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,143 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 22, 2013 for $1,175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2536 Military Ave has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2536 Military Ave is 2,451 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2536 Military Ave is 1939.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900642536 Military Ave

This home is located at 2536 Military Ave in Los Angeles, CA and zip code 90064 in the The Westside neighborhood. This 2,451 square foot home, which was built in 1939, sits on a 0.21 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,875,000.

In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November 2024 and December 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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