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.
LISTING AGENT: Laci Buller LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1601 Veteran Avenue 301
Los Angeles, CA
Property Details
Price:
$1,499,995
MLS #:
25509211
Status:
Active
Beds:
4
Baths:
4
Address:
1601 Veteran Avenue 301
Type:
Condo
Subtype:
Condominium
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Mar 10, 2025
State:
CA
Finished Sq Ft:
2,233
ZIP:
90024
Lot Size:
8,011 sqft / 0.18 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
Dishwasher, Refrigerator
Fireplace Features
None
Flooring
Laminate, Tile
Exterior
Association Amenities
Hot Water, Meeting Room
Parking Features
Community Structure, Controlled Entrance
Parking Spots
3.00
Pool Features
None
Security Features
Card/ Code Access, Fire and Smoke Detection System, Carbon Monoxide Detector(s)
Stories Total
4
View
City Lights
Financial
Association Fee
976.00
Map
Community
- Address1601 Veteran Avenue 301 Los Angeles CA
- AreaC05 – Westwood – Century City
- CityLos Angeles
- CountyLos Angeles
- Zip Code90024
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