Trimark Realty
1601 Veteran Avenue 301/302 primary photo
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Active·Multi-Family (2 Units)

$1,500,000

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1601 Veteran Avenue 301/302, Los Angeles CA 90024

4 beds8 baths8,011 sqft

Multi-Family (2 Units)

Property type

23 days

On market

$187

Price per sqft

3 cars

Garage

1971

Year built

8,011 sqft

Lot size

Home highlights

ElevatorHigh CeilingsFamily RoomPrimary BedroomWood floorCorner LotGarage

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Overview

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...

Listing provided by: Vincent Serhan DRE #01254997 310-896-6088, Vista Sotheby's International Realty

Listing updated: May 19, 2026 at 05:25pm.

Last checked: Jun 3, 2026 at 09:31pm

Source: CRMLS #PV26104126

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
224$7,950$7,950$7,950Partially
  • # of Buildings: 1

  • # of Units Total: 2

  • Separate Electric Meters: 1

  • Separate Gas Meters: 0

  • Separate Water Meters: 0

  • Disposal: 2

  • Ranges: 2

  • Refrigerator: 2

  • Rent Control: No

  • Tenant Pays: Electricity

Financial Snapshot

Gross Rent Multiplier

15.7x

List Price / Annual Gross Rent

Cap Rate

5.36%

NOI / List Price

  • Gross Scheduled Income: $95,400

  • Vacancy Allowance Rate: 0%

  • Operating Expense: $15,000

  • Net Operating Income: $80,400

Annual Operating Expenses

  • Electric: $0

  • Fuel: $0

  • Insurance: $3,552

  • Trash: $0

  • Water / Sewer: $0

  • Other Expense: $11,520

Interior

  • Interior Features: Balcony, Ceiling Fans, Elevator, High Ceilings, Intercom, Open Floor Plan, Storage, Galley Kitchen, Primary Suite

  • Room Type: Family Room, Kitchen, Laundry, Living Room, Primary Bedroom

  • Flooring: Wood

  • Cooling: Heat Pump

  • Heating: Heat Pump

  • Appliances: Built In Range, Electric Cooktop, Electric Oven, Electric Range, Disposal, Refrigerator, Range Hood, Self Cleaning Oven, Water To Refrigerator, Dryer, Washer

  • Fireplace: None

  • Laundry: Laundry Closet, Dryer Included, Washer Included

  • Entry Location: Street Or Garage

Exterior

  • Architectural Style: Contemporary

  • Property Attached: Yes

  • Stories Total: 4

  • Levels: One

  • Door Features: Sliding Doors

  • Roof: Flat

  • Window Features: Blinds, Insulated Windows, Screens, Skylights

  • Property Condition: Turnkey

  • Common Walls: One Common Wall, End Unit

  • Security Features: Security Gate, Gated Community, Resident Manager, Smoke Detectors

  • Lot Features: Corner Lot, Front Yard, Lawn, Landscaped, Near Park, Near Public Transit, Sprinkler System, Walkstreet, Yard

  • Pool: None

  • Spa: None

  • Fencing: Security

  • Water Source: Public

  • Sewer: Public Sewer

  • Utilities: Electricity Connected

  • View: City Lights, Park Greenbelt, Neighborhood, Trees Woods

  • Road Frontage Type: City Street

  • Road Surface Type: Paved

Garage and Parking

  • Parking: Assigned, Controlled Entrance, Direct Access, Driveway Up Slope From Street, Underground, Garage, Gated, Private, One Space, Garage Faces Side, Side By Side

  • Garage Spaces: 3

  • Parking Total: 3

Lot Information

  • Land Lease: No

  • Common Interest: Condominium

  • Parcel #: 4324030076

  • Additional Parcels: No

  • Tax Lot: 30

  • Zoning: LAR3

  • Tax Block: 15

  • Lot Size Dimensions: 8009

  • Lot Dimensions Source: Assessor

Community

  • HOA: Yes

  • HOA Fee: $488 / Month

  • HOA Name: 1601 Veteran Condominiums, Inc.

  • HOA Phone: 818-382-7300

  • HOA Fee 2: $488

  • HOA Fee 2 Frequency: Month

  • HOA Name 2: 1601 Veteran Condominiums, Inc.

  • HOA Phone 2: 818-382-7300

  • HOA Amenities: Electricity, Maintenance Grounds, Hot Water, Insurance, Meeting Room, Maintenance Front Yard, Security, Storage, Trash, Utilities, Water

  • Senior Community: No

  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Storm Drains, Street Lights, Sidewalks, Urban, Water Sports, Gated, Park

Nearby Schools

Nearby schools around the 1601 Veteran Avenue 301/302, Los Angeles, CA 90024. Contact the school or district directly to verify enrollment eligibility.

Payment Calculator

Total Principal

$1,200,000

Total Interest

$1,530,534

Total Payment

$2,730,534

Payoff Date

Jun 2056

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PMI is disabled automatically when your down payment is 20% or more.

Est. Payment

$10,273

per month

Principal
$1,085
Interest
$6,500
Property Tax
$1,563
Home Insurance
$150
PMI
$0
HOA
$976

Property History for 1601 Veteran Avenue 301/302

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Los Angeles Market Snapshot

Market stats compare this property with recent MLS activity for similar property types in 90024.

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