1541 Veteran

Los Angeles, CA, 90024
For Sale $2,800,000
  • 9beds
  • 4,932sqft
  • 0.20acre
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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Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Eric Sackler with Coldwell Banker Realty
Susan Lau with Coldwell Banker Realty
1541 Veteran is a Residential Income property located in Los Angeles, California, featuring a 0.195 acre lot, 4,932 sqft, 9 bedrooms, MLS #25613517.

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Data last modified: 2025-11-22 08:18:48