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$ 2,800,000
Est. payment /mo
Pending
1541 Veteran Avenue Los Angeles, CA 90024
9 Beds
4,932 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 4,932 sqft
Price per Sqft $567
MLS Listing ID CL25613517
Bedrooms 9
HOA Y/N No
Year Built 1949
Lot Size 8,502 Sqft
Acres 0.2
Property Sub-Type OTHER
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
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Laundry Laundry Room
Exterior
View Y/N true
View City Lights
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 4324023011
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Eric Sackler • Coldwell Banker Realty