
Los Angeles, California 90024
This Condominium represents a High-Potential Investment Opportunity, listed at $499,900—positioned well below the $449,464 Fair Market Value by -11%. While the list price exceeds the current estimation, the property offers a Good Condition Rating with modern updates in a prime Westwood location. Residents benefit from resort-style amenities, including a pool, spa, and 24-hour security, alongside proximity to top-rated schools like Fairburn Avenue Elementary. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the Westside market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1440 Veteran Ave 258 Subject | $499,900* List Price | 1 | 1 | 690 | $651 | - |
A 1440 Veteran Avenue 544 Sold | $534,000 | 2 | 1 | 834 | $640 | 0.0 mi |
B 1440 Veteran Avenue 220 Sold | $395,000 | 1 | 1 | 682 | $579 | 0.0 mi |
C 1440 Veteran Avenue 204 Sold | $385,000 | 1 | 1 | 661 | $582 | 0.0 mi |
D 1440 Veteran Avenue 236 Sold | $499,000 | 1 | 1 | 693 | $720 | 0.0 mi |
E 10982 Roebling Avenue 518 Sold | $540,000 | 1 | 1 | 663 | $814 | 0.8 mi |
F 1440 Veteran Avenue 601 Active | $539,000 List Price | 2 | 1 | 798 | $675 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1972, the unit appears well-maintained and move-in ready with recent cosmetic updates. Images show modern laminate flooring, updated recessed lighting, and fresh paint. The presence of a wall-mounted AC unit and the overall age of the complex keep it from an 'Excellent' rating, but it fits the 'Good' criteria as a functional, renovated living space.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property is ideally situated in the heart of Westwood, offering exceptional proximity to UCLA, Westwood Village, and major Westside employment hubs, making it a premier choice for students, faculty, and professionals.
Priced under $500,000, this residence represents a rare and highly accessible entry point into the prestigious Westside market, providing significant value for first-time buyers and investors.
The property was recently sold within the past year on 2026-05-20. The sold price is $350,000.00.
The association fee of $830 per month is notably high for a one-bedroom unit, which may impact overall affordability and reduce the net rental yield for potential investors.
The listing indicates no specific view from the unit, which may be a disadvantage for buyers seeking the aesthetic appeal of cityscapes or greenery common in high-end Los Angeles condominiums.
Rare opportunity to own in the heart of Westwood for under $500,000. Ideally located just moments from UCLA, Westwood Village, UCLA Medical Center, restaurants, cafes, markets, and everyday conveniences, this residence offers one of the most compelling entry points into the Westside. Situated within the desirable Colony at Westwood community, residents enjoy a resort-inspired setting with 24-hour guarded security, pool, spa, fitness center, sauna, recreation room, and beautifully maintained grounds. The central location also provides convenient access to Beverly Hills, Century City, Brentwood, Santa Monica, public transportation, and major Westside employment centers. Priced at an exceptional value, this is an outstanding opportunity for a first-time buyer, UCLA parent, Westside pied-à-terre, or investor seeking a well-located property in one of Los Angeles’ most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 690 | 1,243 |
| Lot Size | 96,892 | 24,016 |
| Price | $499.9K | $805.6K |
| Price per sq ft | $724 | $659 |
| Built year | 1972 | 1981 |
| HOA | $830.0 | $684 |
| Days on market | 28 | 71 |
Jun 24, 2026
$499,900
Initial Listing
May 20, 2026
$350,000
Public Record
Nov 3, 2023
$600,000
Public Record
Sep 2, 2021
$547,000
Public Record
Aug 7, 2012
$310,000
Public Record
Aug 1, 2007
$354,500
Public Record
Apr 29, 2003
$245,000
Public Record
Nov 9, 1998
$115,000
Public Record