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Josh Canova

Engel & Völkers

josh.canova@evrealestate.com +1(858) 361-7010

$ 1,499,995

Est. payment -/mo

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1601 Veteran AVE #301 Los Angeles, CA 90024

4 Beds

4 Baths

2,233 SqFt

UPDATED:

03/10/2025 11:19 PM

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

HOA Y/N Yes

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

Interior Features Walk-In Closet(s)

Flooring Laminate, Tile

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Controlled Entrance, Community Structure

Pool None

Amenities Available Hot Water, Meeting Room

View Y/N Yes

View City Lights

Total Parking Spaces 3

Private Pool No

Building

Story 4

Entry Level One

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 4324030076

Security Features Carbon Monoxide Detector(s),Fire Detection System,Key Card Entry,Smoke Detector(s)

Special Listing Condition Standard

Pets Allowed Yes

Listed by Laci Buller • Compass

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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