1601 Veteran Ave #301 Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90024
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,233 sqft
Price per Sqft $671
MLS Listing ID 25509211
Style Contemporary
Bedrooms 4
Full Baths 4
HOA Fees $976/mo
HOA Y/N Yes
Year Built 1971
Lot Size 8,011 Sqft
Acres 0.1839
Property Sub-Type Condo
Property Description
Westwood Penthouse Condo Investment Two Units, One Price! An exclusive fully leased income property featuring two penthouse 2-bed, 2-bath condos, each 1,118 sq. ft. (2,233 sq. ft. combined). One unit offers stunning panoramic views of the city skyline and snow-capped mountains.Currently generating $95,700 in annual gross income, with top-of-market lease rates: Unit #301 - $4,025/month (lease through 3/31/25) Unit #302 - $3,950/month (lease through 7/14/26) Both units feature modern upgrades, including engineered wood flooring, dual-pane windows, recessed lighting, in-unit washer/dryer, and stylish kitchens with LG stainless steel appliances, quartz countertops, and lacquered maple cabinets. Additional highlights: Three subterranean deeded parking spaces Private indoor storage closets & secure bike parking Pet-friendly building Prime Westwood location near UCLA, Century City, dining, shopping & easy freeway accessA turnkey investment with high rental demand, live in one unit and rent the other or capitalize on steady rental income in one of LA's most sought-after neighborhoods! Buyer to participate in 1031 exchange, at no cost to the buyer.
Location
State CA
County Los Angeles
Area Westwood - Century City
Building/Complex Name 1601 Veteran Condominiums, Inc.
Zoning LAR3
Rooms
Dining Room 0
Interior
Heating Other
Cooling Other
Flooring Mixed, Laminate, Tile
Fireplaces Type None
Equipment Dishwasher, Gas Or Electric Dryer Hookup, Intercom, Range/Oven, Refrigerator
Laundry In Unit
Exterior
Parking Features Community Garage, Controlled Entrance
Garage Spaces 3.0
Pool None
Amenities Available Hot Water, Meeting Room, Extra Storage
View Y/N Yes
View City Lights
Building
Story 4
Architectural Style Contemporary
Level or Stories One
Others
Special Listing Condition Standard
Pets Allowed Yes