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.
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.