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$1,899,000

Beds
3
Baths
2.0
sq ft
1,320

3542 Butler Ave, Los Angeles, CA 90066

3542 Butler Ave

Los Angeles, CA 90066

  • 123 days on market
    • Price drop $50,000↓
An Unbeatable Opportunity in Mar Vista Discover two exceptional options for this prime property: Option 1: Move-in ready! This turnkey home features 3 bedrooms, 2 bathrooms, and 1,320 sq. ft. of living space, including a spacious master bedroom, updated kitchen, and remodeled master bath. The open backyard is perfect for entertaining, with a grassy area, a covered patio, and a large garage. Option 2: Build your dream home! With RTI (Ready to Issue) plans already approved, you can skip the waiting and start construction immediately after escrow closes. Located in the highly desirable Mar Vista neighborhood, steps from the Windward School campus and Mar Vista Recreation Center, this property offers the ultimate convenience. The approved plans include a breathtaking new build with over 4,864 sq. ft. of living space. The main residence features 4 bedrooms, 5 bathrooms, a pool, and a jacuzzi, complemented by a two-story Accessory Dwelling Unit (ADU) with 2 bedrooms, 3 bathrooms, and soaring ceilings. The modern architectural design emphasizes elegance and functionality, with an open floor plan, floor-to-ceiling windows, flexible spaces, and abundant natural light. A versatile second-floor space adds to the appeal, creating a warm and inviting atmosphere.

Details

Property type

Single Family Residence

Est. home value

$1,867,177

Lot size

5,800 sq ft

Price per sq ft

$1,439

Year built

2025

HOA

No

Price History

03/04/2025
CLAW

CLAW #24464251

Price change
$1,899,000
-2.57%
02/25/2025
CLAW

CLAW #24464251

Price change
$1,949,000
-2.5%
11/25/2024
CLAW

CLAW #24464251

Listed
$1,999,000
+20.79%

Schools & Community

Neighborhood: 

Mar Vista

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The West

Loan start date

December 2011

Original loan amount

$268,000

Est. remaining balance

$188,154

Interest rate

4.11%

Loan type

New Conventional, 30 year

Seller

Barry Michael Fein and Nona Catherine Fein

Lender

Bank Of The West

Loan start date

March 2010

Original loan amount

$200,000

Est. remaining balance

$136,158

Interest rate

5.06%

Loan type

New Conventional, 30 year

Seller

Barry Michael Fein and Nona Catherine Fein

Lender

Sanwa Bank Of Ca

Loan start date

May 2001

Original loan amount

$184,600

Est. remaining balance

$73,160

Interest rate

6.91%

Loan type

Not Provided, 30 year

Seller

Barry Michael Fein and Nona Catherine Fein

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/29/2025 at 4:30 AM

Listing updated: 03/14/2025 at 9:35 PM

Listed by: Cindy Leight, Sotheby's International Realty Phone #: (310) 481-6262

MLS: CLAW #24464251

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