1527 Veteran Avenue Los Angeles, CA $ 5,250,000
1527 Veteran Avenue
$ 5,250,000
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1527 Veteran Avenue

Los Angeles, CA, 90024
$ 5,250,000
Bedrooms16 Baths16.0 Sq 10,683

Monthly Estimate*

$ 34,893

Listed by Remax Commercial and Investment Realty
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Multi-Family Home for sale in Los Angeles, CA

for $5,250,000 with 16 bedrooms and 16 full baths. This 10,683 square foot home was built in 1986 on a lot size of 0.1767.

We are pleased to present for sale 1527 Veteran Avenue, an 8-unit property ideally located in the heart of LA's vibrant Westside. The building was built in 1986, and as such, is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated parking (exempt from seismic soft story retrofit). The ideal unit mix consists of (5) 2-bedroom, 2-bathroom units and (3) two story spacious 1-bedroom, 2-bathroom units with lofts. Many interiors have been finished with beautiful wood flooring, modern cabinetry, and upgraded kitchens and bathrooms. The building offers its residents an intercom entry, balconies, fireplaces, beautiful landscaping, an on-site laundry room, and ample gated parking (8 tandem spaces for a total of 16 spots). Each unit has a fireplace, central HV/AC, large bedrooms, and a dynamite floor plan flooded with natural light. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

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Multi-Family Active

Price

$ 5,250,000

Bedrooms

16

Full Bath

16

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1767

Year Built

1986

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24394583

Days on Market

29

Features
General
Heating Central
Cooling CentralAir
Appliances Dishwasher
Zoning LAR3
Year Built 1986
Levels MultiSplit
Gross Income 313128.0
County Los Angeles
Net Operating Income 213681.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions North of Santa Monica Blvd and Just South of Ohio Avenue
City Los Angeles
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 8
MLS Area C05 - Westwood - Century City
Lot Size Units SquareFeet
Lot Size Square Feet 7697.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Standard Status Active
Year Built Source Assessor
Cap Rate 4.07
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Exterior
Parking Features Assigned
Total Parking 16.0
Lot Size Area 7697.0
Number of Buildings 1
Spa N
Building Area Total 10683.0
Lot Size Acres 0.1767
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features CommonArea
Total Bedrooms 16
Electric On Property Y/N N
Total Baths 16
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Internal Only
Street Number 1 1527
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

(424) 672-8220

Phone

Affordability Calculator

$34,893
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,893
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$5,250,000 Listed Price

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1527 Veteran Avenue, Los Angeles, CA, 90024 is a Multi-Family Home for sale at $5,250,000 with 10,683 sqft and a lot size of 0.1767. 1527 Veteran Avenue has 16 bedrooms, 16.0 baths, and was built in 1986. The property's zip code is 90024 which is in Los Angeles, CA