Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

2621 Veteran Avenue

Los Angeles, CA, 90064

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$2,999,000

MLS: 26666287

Beds

6

Baths

5

Sq Ft

2,775

Lot

0.14 ac

Year Built

1939

MLS #

26666287

Days on Market

33

Listed

Mar 19, 2026

Description

Opportunities like this rarely come around in Rancho Park. This is more than a renovated home it's a fully reimagined property with two newly built, permitted ADUs offering exceptional flexibility. Live in one, rent the others, accommodate extended family, or create your own Westside compound.In today's market, the ADUs are projected to generate about $7,500 per month in rental income, offsetting a substantial portion of the mortgage and bringing the effective cost closer to that of a $1.6M - $1.7M home a compelling value for an income-producing property in this desirable neighborhood. The main house was extensively renovated about a year and a half ago and features a thoughtful layout with 3 bedrooms, 2 updated bathrooms, a true galley kitchen, and a spacious dining room with pass-through counter seating that keeps everyone connected. Exterior improvements include smooth new stucco, a new roof, new rain gutters, all new dual-pane windows, and replaced interior and exterior doors. Landscaping and irrigation are also new, and major infrastructure was addressed with a brand-new sewer line installed in 2025 .Inside, finishes are clean and cohesive with new flooring, quartz countertops throughout, recessed lighting, new kitchen appliances, and mini-split systems for zoned heating and cooling. The home also offers wood-burning and gas fireplaces, plus thoughtful details like a ventless dryer setup. The two newly constructed ADUs each have private entrances, solar panels and their own addresses: 2617 Veteran (Top) & 2619 Veteran (Bottom). The lower ADU (approx. 656 sq ft) includes 2 bedrooms and 1.5 bathrooms, a spacious double walk-in shower, a full kitchen with new appliances, in-unit washer and dryer, private outdoor space, and mini-split heating and cooling. The upper ADU, approximately 609 square feet, offers 1 bedroom and 1 bathroom, along with an additional 100-square-foot covered patio that feels like a natural extension of the living space ideal for morning coffee or evening unwinding. Inside, you'll find another double walk-in shower, a full kitchen with new appliances, dedicated laundry, and its own mini-split system.Both ADUs feature dual-pane windows and individual water and electric meters, adding convenience and efficiency for owners and tenants alike.

Location

Los Angeles, Los Angeles County, CA 90064

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Listed by: Michael Haddad · Compass

Payment estimate

$21,132

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $299,900 · Loan: $2,699,100

%
Principal & Interest
$16,584
Property tax (1.25%)
$3,124
Homeowners insurance
$300
Mortgage insurance
$1,125
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $104,965 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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