1440 Veteran Avenue 407, Los Angeles, California 90024, Los Angeles, 90024 - 1 bed, 1 bath
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1440 Veteran Avenue 407
Los Angeles, California 90024
ACTIVE
CONDITION: FAIR
1Beds
1Baths
661Sq Ft
96,892Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$465,207
7% AboveMARKET VALUE
SUMMARY
This Condominium represents a High-Potential Investment Opportunity, listed at $570,000—positioned above the $496,050 Fair Market Value. While the unit features a Condition Rating of 4, it offers a prime location in the heart of Westwood near Top-Rated Schools like Fairburn Avenue Elementary. Residents enjoy premium amenities including a renovated gym and outdoor pool. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey urban residence with significant lifestyle appeal.
Estimated Market Value
$465,207
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1440 Veteran Avenue 407 Subject | $499,000* List Price | 1 | 1 | 661 | $704 | - |
A 1440 Veteran Avenue 544 Sold | $534,000 | 2 | 1 | 834 | $640 | 0.0 mi |
B 10982 Roebling Avenue 359 Sold | $500,000 | 1 | 1 | 641 | $780 | 0.8 mi |
C 10982 Roebling Avenue 518 Sold | $540,000 | 1 | 1 | 663 | $814 | 0.8 mi |
D 10747 Wilshire Boulevard 1305 Sold | $485,000 | 1 | 2 | 860 | $564 | 0.6 mi |
E 10751 Wilshire Boulevard 607 Active | $495,000 List Price | 1 | 1 | 676 | $732 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old. While the description claims a recent remodel, the bathroom photo shows dated oak cabinetry and older Hollywood-style light bars consistent with a 15-30 year old renovation. The unit appears functional and move-in ready but requires modern updates to the kitchen and baths to move beyond a dated status.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Westwood Location
Situated in the heart of Westwood near UCLA and Beverly Hills, this property offers exceptional access to top-tier employment hubs and highly-rated schools like Fairburn Avenue Elementary.
- Extensive Building Amenities
Residents benefit from 'The Colony's' premium lifestyle features, including a newly renovated gym, a designer lounge, and a lush outdoor pool area with koi ponds.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly Carrying Costs
The $830 monthly association fee is relatively high for a unit of this size, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Compact Living Square Footage
At only 661 square feet for a two-bedroom configuration, the living space is exceptionally tight, and the lack of a designated view may make the unit feel more enclosed.
About 1440 Veteran Avenue 407
The best value in West Los Angeles! Minutes from UCLA, Brentwood, Beverly Hills and Santa Monica, this is the urban pad you've been waiting for. Recently remodeled condo in the heart of Westwood, which features a primary bedroom with ample storage and a converted second bedroom that leaves plenty of room for a traditional living/dining area but offers the flexibility of a second private space. Building features its famous brick facade and thoughtfully renovated common areas such as a lounge, a fresh new gym and a lush and inviting outdoor pool area with coi ponds and tropical undertones. An incredible bargain as HOA covers electricity, water, gas and trash.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 96,892 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $830.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Nora Sterry Elementary School
Grades K-5 • 0.7 mi
7/10
Fairburn Avenue Elementary School
Grades K-5 • 0.8 mi
9/10
Warner Avenue Elementary School
Grades K-5 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 661 | 1,219.385 |
| Lot Size | 96,892 | 27,236.074 |
| Price | $499.0K | $800.2K |
| Price per sq ft | $755 | $650 |
| Built year | 1972 | 1979 |
| HOA | $830.0 | $685 |
| Days on market | 72 | 72 |
Pricing History
Listed for Sale
Aug 8, 2026
$499,000
$549,000
-9% Price Drop
Initial Listing
Price Change
Jul 15, 2026
$549,000
$570,000
-4% Price Drop
Initial Listing
Price Change
Jun 29, 2026
$570,000
Initial Listing
Sold
May 11, 2010
$350,000
Public Record
Sold
Aug 31, 2007
$363,000
Public Record
Sold
Jun 30, 2004
$345,000
Public Record
Sold
Apr 30, 1996
$96,000
Public Record