Mar Vista Monday: 3532 Beethoven, Los Angeles 90066

If it’s Monday… you must be in Mar Vista! And here you are in front of 3532 Beethoven. This was an original 1948, Gregory Ain designed home which was expanded in 1957. The addition added a bedroom, and a bathroom, making this home a 4 bed/2 bath home. Now that is more in line modern living. The home has expanded to 1,419 square feet, and is situated on a 6,490 square feet lot. This home is very private, being situated perpendicular to Beethoven with only a 30 foot expanse of frontage. The current owner purchased this home in 1988 (the last time the market peaked) for $225,000. That probably seemed like a lot of money at the time, but the owner is probably very happy with the decision and equity in the home. This is a good time to remind people that although there may be peaks and valleys in the real estate market, historically in California land values appreciate at around 7% per year.