ActiveCondominium

1601 Veteran Avenue 301/302

Los Angeles, CA, 90024

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$1,500,000

MLS: PV26108795

Beds

4

Baths

4

Sq Ft

2,233

Lot

0.18 ac

Year Built

1971

MLS #

PV26108795

Days on Market

28

Listed

May 19, 2026

Description

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 $95k; top of market lease price for each unit #301 $4,000 month and #302 $3950/month; Three subterranean deeded side-by-side parking spaces; Description #301 $4,000 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 $3950 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 $4,000//(#302// $3950/mo//Lease thru 7/14/26 // annually; Operating expenses including HOA fees of $488 per unit //Tenants pay lease payments through innago.com

Location

Los Angeles, Los Angeles County, CA 90024

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Listed by: Vincent Serhan · Vista Sotheby's International Realty

Payment estimate

$11,464

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $150,000 · Loan: $1,350,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$8,551
Property tax (1.25%)
$1,563
Homeowners insurance
$300
Mortgage insurance
$563
HOA dues
$488
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $52,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.