Homes for sale - 1541 Veteran AVE, Los Angeles, CA 90024

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Val Ives

val@valerieives.com +1(951) 763-8899

$ 2,800,000

Est. payment | -/mo

9 Beds

7 Baths

4,932 SqFt

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$ 2,800,000

Est. payment | -/mo

Save

9 Beds

7 Baths

4,932 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,932 sqft

Price per Sqft $567

MLS Listing ID 25613517

Bedrooms 9

HOA Y/N No

Year Built 1949

Lot Size 8,502 Sqft

Property Description

1541 Veteran Avenue is a well-maintained four-unit multifamily asset, situated on an oversized 8,500 SF lot ideally positioned in the highly sought-after Westwood submarket of Los Angeles, just over a mile from UCLA. The property benefited from a substantial, permitted upgrade and expansion in 2002. It offers an exceptional owner-user or value-add investment opportunity, with a spacious 3-bedroom, 3-bathroom owner's unit of approximately 1,600 SF to be delivered vacant at closing, providing flexibility for immediate occupancy or premium market-rate leasing. The remaining three units are large 2-bedroom units. 3 units have washer/dryer in unit and the 4th unit has dedicated exterior laundry room; some units feature fireplaces and roof top decks. This generous lot size accommodates four private garages with a total of eight on-site parking spaces. Moreover, the large lot size presents a prime ADU development opportunity, offering investors substantial potential for additional income and long-term appreciation through expansion. Combining immediate owner-occupancy potential and significant long-term upside, 1541 Veteran Avenue represents a rare Westside offering, positioned for future growth driven by its large lot size and proximity to UCLA and transit improvements.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry Laundry Room

Exterior

Parking Features Assigned, Covered

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 8

Private Pool No

Building

Story 3

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4324023011

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Special Listing Condition Standard

Listed by Eric Sackler Coldwell Banker Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 763-8899

val@valerieives.com

27450 Ynez Rd Ste #316 Temecula, CA 92591, USA

1541 Veteran AVE Los Angeles, CA 90024