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1541 Veteran AvenueLos Angeles, CA 90024

For Sale

$2,800,000

Smart Buyer Rebate $28,000

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.

Listed by Eric Sackler

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License #01057377

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Coldwell Banker Realty

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310-979-4990

Listed by Susan Lau

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License #01516710

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Coldwell Banker Realty

Last updated November 14, 2025

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Source: CRMLS #25613517

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestwood
  • Bedrooms9
  • Days on Prevu5
  • Size4,932 sqft
  • Price per sqft$568

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/14/2025
Listed by Coldwell Banker Realty
$2,800,000

Property Details for 1541 Veteran Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 3
  • Year Built: 1949
  • Architectural Style: Mid-Century Modern

Features

  • View: City Lights

Measurements

  • Building Area Total: 4,932
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,502
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,502
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $154,800.00

Taxes

  • Parcel Number: 4324023011

Interior

Features

  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Wood

Measurements

  • Living Area: 4,932
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 7
  • Bedrooms Total: 9

Parking

Parking

  • Open Parking Spaces: 4
  • Parking Features: Assigned, Covered
  • Parking Total: 8

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Other

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.