1601 Veteran AVE #301 new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90024
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,233 sqft
Price per Sqft $671
MLS Listing ID 25509211
Bedrooms 4
Full Baths 4
Condo Fees $976
HOA Fees $976/mo
Year Built 1971
Lot Size 8,010 Sqft
Property Sub-Type Condominium
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 7/14/25) 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 C05 - Westwood - Century City
Zoning LAR3
Interior
Flooring Laminate,Tile
Fireplaces Type None
Exterior
Parking Features Controlled Entrance,Community Structure
Pool None
Amenities Available Hot Water,Meeting Room
View Y/N Yes
View City Lights
Building
Story 4
New Construction No
Others
Special Listing Condition Standard
Pets Allowed Yes