1541 Veteran Avenue, Los Angeles, CA 90024

• 9 beds
• 4,932 sqft

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.

Listing Status:

Active

Date Added:

November 14, 2025 at 06:00AM

Listing Office:

Coldwell Banker Realty : 310-820-6651

Listing Agent:

Eric Sackler : 310-979-4990

MLS ID:

CL25613517

Interior

• Laundry: Laundry Room
• Flooring: Wood
• Heating: Wall Furnace

Exterior

• Parking: CoveredAssigned

Location

• County: Los Angeles

Lot

• Zoning: LAR34324023011
• View: City Lights

This listing courtesy of Eric Sackler, Coldwell Banker Realty