
Los Angeles, California 90024
This Sophisticated Loft Residence represents a Prime Investment Opportunity, listed at $565,000—positioned well below the $577,334 Fair Market Value by 2%. This valuation gap offers $12,334 in Instant Equity. Featuring a Mint Condition Rating with a newly remodeled kitchen and designer finishes, this home offers a turnkey lifestyle near UCLA and top-rated schools like Fairburn Avenue Elementary. With resort-caliber amenities including a pool, spa, and koi ponds, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking elevated city living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1440 Veteran Avenue 348 Subject | $565,000* List Price | 2 | 1 | 833 | $707 | - |
A 1440 Veteran Avenue 544 Sold | $534,000 | 2 | 1 | 834 | $640 | 0.0 mi |
B 1440 Veteran Avenue 236 Sold | $499,000 | 1 | 1 | 693 | $720 | 0.0 mi |
C 1375 Kelton Avenue 206 Sold | $630,000 | 1 | 1 | 886 | $711 | 0.1 mi |
D 10966 Rochester Avenue 3f Sold | $682,500 | 1 | 2 | 979 | $697 | 0.2 mi |
E 10747 Wilshire Boulevard 1305 Sold | $485,000 | 1 | 2 | 860 | $564 | 0.6 mi |
F 969 Hilgard Avenue 603 Sold | $535,000 | 1 | 1 | 778 | $688 | 0.6 mi |
G 969 Hilgard Sold | $540,000 | 1 | 1 | 754 | $716 | 0.6 mi |
H 10982 Roebling Avenue 359 Sold | $500,000 | 1 | 1 | 641 | $780 | 0.8 mi |
I 1440 Veteran Avenue 601 Active | $585,000 List Price | 2 | 1 | 798 | $733 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is listed as newly remodeled (<5 years) with a fully updated kitchen featuring new countertops and premium finishes, and a modernized bathroom with designer cabinetry and tile work. The interior features new wide-plank flooring and fresh paint throughout, meeting the criteria for mint condition despite the 1972 original build date.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
The residence features a sophisticated, move-in-ready interior with dramatic double-height ceilings, expansive glass walls, and a newly remodeled kitchen and bathroom with premium finishes.
Ideally situated within walking distance to UCLA and Westwood Village, the property offers high walkability to European-inspired dining and shopping, plus access to top-rated schools like Fairburn Avenue Elementary.
The association fee of $1,043.79 per month is relatively high for a one-bedroom unit, which significantly impacts the overall monthly carrying costs for a buyer.
Despite the versatile loft being marketed as a potential second bedroom, the unit only contains one bathroom, which may create privacy and convenience issues for multiple occupants.
Sophisticated Loft Living in the Heart of Westwood. Step into The Colony, where this NEWLY REMODELED 1-bedroom + loft residence (total 2 bedroom) makes an unforgettable first impression dramatic double-height ceilings and expansive walls of glass invite natural light throughout, framing tranquil, tree-lined vistasThe open-concept living and dining area is designed for effortless entertaining, anchored by a fully remodeled kitchen featuring sleek new countertops and premium finishes. The spacious master bedroom offers a private retreat of its own, complete with an en-suite bath featuring modern tile work, a designer sink, and custom cabinetry throughout. Ascend the staircase to a versatile loft, ideal as a second bedroom, home office, or private study, complete with a generous 7' x 17' walk-in closet that presents its own architectural grandeur.Positioned on the building's quieter, Kelton-facing side, this residence enjoys 24-hour security and sits directly across from the community tennis courts. Step outside to a lush, resort-caliber courtyard oasis complete with koi ponds, cascading waterfalls, and manicured grounds a true urban sanctuary. Savor breathtaking views each morning from your own private balcony.Building amenities elevate everyday living to an art form: a private fitness center, sauna, steam room, spa, sparkling pool, recreational lounge, and secured underground parking, all within a full-service, amenity-rich community.Just steps from the shops, dining, and walkable European-inspired energy of Westwood Village and moments to UCLA this is elevated city living at its finest.
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 | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 833 | 1,219.385 |
| Lot Size | 96,892 | 27,236.074 |
| Price | $565.0K | $800.2K |
| Price per sq ft | $678 | $650 |
| Built year | 1972 | 1979 |
| HOA | $1043.79 | $685 |
| Days on market | 37 | 72 |
Aug 3, 2026
$565,000
Initial Listing
Mar 24, 2006
$465,000
Public Record
May 13, 1996
$120,000
Public Record