1541 Veteran Avenue, Los Angeles, CA 90024
Local realty services provided by:ERA Excel Realty
1541 Veteran Avenue,Los Angeles, CA 90024
$2,800,000
- 9 Beds
- 7 Baths
- 4,932 sq. ft.
- Multi-family
- Active
Listed by: eric sackler, susan lau
Office: coldwell banker realty
MLS#:25613517
Source:CRMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$567.72
About this home
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.
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Home facts
- Year built:1949
- Listing ID #:25613517
- Added:1 day(s) ago
- Updated:November 15, 2025 at 06:39 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Living area:4,932 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1949
- Building area:4,932 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$567.72
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