Westwood Penthouse Income
1601 Veteran Avenue, Los Angeles, CA 90024
New
Condominium, Contemporary - Los Angeles, CA
Type:Condominium
Property size:
8,011 SFLot size:
8,011.00 AcresPrice / SF:
$187/SF- Added:
- May 13, 2026
- Days on Market:
- 3
- Last Refresh:
- May 15 at 2:06 am
Property Features for 1601 Veteran Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Condominium
- Zoning
- LAR3
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Kitchen, Laundry, Living Room
- Parking
- 3
- Parking features
- Assigned, Driveway, Garage, Gated, Side by Side
- Window features
- Skylight(s)
- Interior features
- Intercom, Balcony, Elevator, High Ceilings, Living Room Balcony, Ceiling Fan(s), Open Floorplan, Storage, Sliding Doors, Window Features: Insulated Windows, Skylight(s), Blinds, Screens
- Exterior features
- Fence, Community Features Included: Curbs, Watersports, Golf, Biking, Dog Park, Hiking, Street Lights, Urban, Storm Drains, Sidewalks, Park, Corner Lot, Lot 6500-9999, Landscaped, Near Public Transit, Park Nearby, Front Yard, Walkstreet, Sprinkler System, Lawn, Yard
- Fencing
- Fenced
- Accessibility
- Accessible Elevator Installed
- Appliances
- Cooktop, Cooktop - Electric, Garbage Disposer, Range, Refrigerator
- Standard status
- Active
- APN
- 4324030076
- Size
- 8,011 SF
- Lot size
- 8,011.00 Acres
Taxes and HOA fees
- Expense value
- 488
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 1971
- Floors in Building
- 4
- Number of units
- 2
- Flooring type
- Wood
- Roof type
- Flat
- Architectural style
- Contemporary
Listing agent Vincent Serhan License #01254997 (310) 541-8271
Listing office Vista Sotheby's International Realty 35 Peninsula Center, Rolling Hills Estates, CA (310) 541-8271
Listing date May 13, 2026
MLS# PV26104126
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High Income Potential: Fully leased, generating $95k annually from two penthouse units.
- Prime Location: Highly walkable/bikeable area near Westwood Village, UCLA, Century City, and convenient freeway access (405/10).
- Two Penthouse Units: Two combined units totaling 2,233 sq ft, offering flexibility and potential for various uses.
- Remodeled and Upgraded: Both units feature modern renovations, including new flooring, kitchens with stainless steel appliances, updated bathrooms, and dual‑pane windows.
- Parking: Includes three deeded, side‑by‑side subterranean parking spaces.
- Building Amenities: Offers reserved parking, private storage, secure bike parking, and a multi‑purpose room.
Overview
This property features two penthouse condominium units, each with two bedrooms and two bathrooms, totaling 2,233 square feet. Unit #301 and #302 are exclusively leased, generating a total gross scheduled income (GSI) of $95,000. Unit #301 is leased for $4,000 per month, and unit #302 is leased for $3,950 per month. Each unit spans 1,118 square feet. The units include three subterranean deeded side-by-side parking spaces. Unit #301 features a private front balcony with views of the snow-covered mountains, Westwood (UCLA), and Century City. Remodeled throughout, it includes a living room A/C, an in-unit stackable washer and dryer in the primary bedroom closet, wood flooring, newer dual pane windows and slider, recessed lighting fixtures, and a ceiling fan with light in each bedroom. The kitchen has lacquered finish maple cabinets, quartz counters, new fixtures, an undermount sink, modern cabinet pulls, and LG stainless steel appliances. Unit #302 features a city view and elevator access to the top floor, plus back stairs to the secured parking. Modern improvements include engineered bamboo flooring, Milgard dual pane windows and slider, and a ductless A/C system. The bathrooms have tile flooring, bamboo veneer vanities, quartz counters, plumbing fixtures, and enclosures. The modern kitchen has lacquered finish maple cabinets, quartz counters, newer fixtures, an undermount sink, modern pulls, and LG stainless steel appliances. The property is located near Westwood Village, shops, dining, parks, UCLA, and the 405/10 Freeways. Building amenities include reserved subterranean parking, private indoor storage closets for each unit, indoor secure bike parking, and a multi-purpose room. The tenants pay lease payments through innago.com.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.44209
- Latitude
- 34.05094
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two fully leased penthouse condos in a sought-after location.
Where is this duplex located?
The property is located at 1601 Veteran Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High Income Potential: Fully leased, generating $95k annually from two penthouse units.; Prime Location: Highly walkable/bikeable area near Westwood Village, UCLA, Century City, and convenient freeway access (405/10).; Two Penthouse Units: Two combined units totaling 2,233 sq ft, offering flexibility and potential for various uses.
