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$2,730,000
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Property Description
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.
Full Property Details
Full Property Details for 1541 Veteran Ave
General
- Sold For: $2,730,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25613517
- Added to Site: 64 day(s) ago
Interior
- Flooring: Wood, Mixed
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: In Unit, Room
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Carbon Monoxide Detector(s), Fire and Smoke Detection System
- Other Features: None
Parking
- Covered Spaces: 4
- Garage Description: Covered Parking, Assigned, Garage - 4+ Car
Location
- Area: Westwood - Century City
- County: Los Angeles
- Driving Directions: South of Wilshire Blvd, North of Santa Monica Blvd.
Heating & Cooling
- Cooling Type: Other, Window Unit(s)
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Stories/Levels: 3
- Square Feet: 4,932
- Sq. Ft. Source: Assessor
- Year Built: 1949
- Year Built Source: Assessor
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 3
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, City Lights
- Lot Size (Acres): 0.1952
- Lot Size: 8502
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $567.72
- Assessment Year: 1949
- Owner Pays: Water
- Tenant Pays: Gas, Electricity, Cable TV
Disclosures and Reports
- Disclosures/Reports: Property Report, As Is, Rent Control
- APN: 4324-023-011
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Schools
Schools serving 1541 Veteran Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Nora Sterry Elementary School 1730 Corinth Avenue, Los Angeles, CA 90025 | K-5 | 0.6 mi |
Fairburn Avenue Elementary School 1403 Fairburn Avenue, Los Angeles, CA 90024 | K-5 | 0.9 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 0.4 mi |
University Senior High School Charter 11800 Texas Avenue, Los Angeles, CA 90025 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1541 Veteran Ave
Date
Details
Price
Change
Source
12/24/2025
Sold
$2,730,000
-2.5%
MLS
11/14/2025
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1541 Veteran Ave, Los Angeles, CA 90024 (MLS# 25613517) is a Multi-Family property that was sold at $2,730,000 on December 24, 2025. This property was listed by Eric Sackler from our Brentwood Office.Want to learn more about 1541 Veteran Ave? Do you have questions about finding other Multi-Family real estate for sale in Century City? You can browse all Century City real estate or contact a Coldwell Banker agent to request more information.



