ResidentialCondominiumCALos Angeles900241601 Veteran Avenue 301, Los Angeles, CA, US, 90024

1601 Veteran Avenue 301, Los Angeles, CA, US, 90024

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.
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Pool Features: None
Parking Features: ControlledEntrance,CommunityStructure
Security Features: CarbonMonoxideDetectors,FireDetectionSystem,KeyCardEntry,SmokeDetectors
Parking Total: 3
Association Amenities: HotWater,MeetingRoom
Fireplace Features: None
Furnished: Unfurnished
Interior Features: WalkInClosets
Appliances: Dishwasher,Refrigerator

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