Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Condominium

Bedrooms

2

Building size

2,233 sqft

Lot size

8,011 sqft

Year built

1971

Stories

4

Garage spaces

3

Style

Contemporary

Heating

Heat Pump

Cooling

Heat Pump

Pool

None

View

Trees/Woods,City Lights,Park/Greenbelt,Neighborhood

Status

Active

Days on market

119

MLS #

242127334

About this property

A rare two-residence Westwood penthouse opportunity offering income potential, family flexibility, and long-term Westside ownership. Penthouse Westwood two condos exclusive fully leased income, two bedroom, two bathroom 1,118 sq ft each or 2,233 combined Units #301/#302, total GSI $101k; top of market lease price for each unit #301 $4,240 month and #302 $4250/month; Three subterranean deeded side-by-side parking spaces; Description #301 $4,240 Unbranded video is available under 360 on this listing. Private front balcony Views of the snow-covered mountains and Westwood (UCLA) and Century City from this Penthouse corner PET-FRIENDLY two bedrooms, two baths 1,118 sq. ft. home. Highly walkable/bikeable near Westwood Village, shops, dining, parks, UCLA(1.6 mi) & 405/10 Freeways. Westfield Shopping in Century City, Bev Mo, and more are down the street. Remodeled throughout, including the living room A/C and the in-unit stackable washer and dryer in the primary bedroom closet, beautiful wood flooring throughout, newer dual pane windows and slider, recessed lighting fixtures, and a ceiling fan with light in each bedroom. The kitchen has lacquered finish maple cabinets, quartz counters, new fixtures, an undermount sink, modern cabinet pulls, and LG stainless steel appliances. Building amenities include reserved subterranean parking, private indoor storage closets for each unit, indoor secure bike parking, and a multi-purpose room. Description #302 $4250 Penthouse back inside corner, two bedrooms, two baths 1,118 sq. ft. with inside washer/dryer on the quiet backside of this three-story Veteran Ave property Penthouse unit with a city view and elevator to the top plus back stairs to the garaged secured parking. Modern condo with top-to-bottom improvements; one shared wall with unit #301. Engineered bamboo flooring throughout. Milgard dual pane windows and slider & ductless A-C system. Recessed lighting, fixtures, and fans. Bathrooms with tile flooring, bamboo veneer vanities, quartz counters, plumbing fixtures, and enclosures. The modern kitchen has lacquered finish maple cabinets, quartz counters, newer fixtures, an undermount sink, modern pulls, and all LG stainless steel appliances.Washer and Dryer in the home and two parking spaces in subterranean gated parking. Two penthouse income condo units #301 $4,240//(#302// $4250/mo// annually; Operating expenses including HOA fees of $488 per unit //Tenants pay lease payments through innago.com

Location

1601 Veteran Avenue

Los Angeles, Los Angeles, CA, 90024