1440 Veteran Avenue 527, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 1 bath

1440 Veteran Avenue 527, Los Angeles, California 90024 home-pic-0
ACTIVE$679,000
1440 Veteran Avenue 527, Los Angeles, California 90024
2Beds
1Bath
834Sqft
96,892Lot
Year Built
1972
Close
-
List price
$679K
Original List price
$679K
Price/Sqft
$814
HOA
$960
Days on market
-
Sold On
-
MLS number
25527382
Home ConditionFair
Features
Good View: Pool
Pool
Spa
ViewPool

About this home

We found 3 Cons,6 Pros. Rank: price - $679.0K(18th), sqft - 834(9th), beds - 2(50th), baths - 1(12th).

Experience the best of Westwood living in this beautiful 2-bedroom, 1 bath penthouse condo. Featuring vaulted ceilings and plantation shutters, this bright and airy living space is perfect for entertaining or relaxing in style. The open loft-style second bedroom overlooks the living room and features a skylight that floods the space with natural lightideal for a home office, guest room, or creative studio. Building amenities are second to none, including a sparkling pool, spa, fully equipped gym, steam room, sauna, waterfall, pond and a community lounge perfect for social gatherings. Enjoy peace of mind with 24-hour security guard that helps control building access and help receive packages and deliveries. The on-site manager ensures everything in the building runs smoothly. The subterranean parking has EV charging stations, bike storage and one assigned parking space. HOA dues cover water, trash, electricity, and earthquake insurance. A large park is conveniently located across the street with a dog park, tennis courts basketball courts, soccer field and playground . Centrally located near UCLA, Westwood Village, and the soon-to-be-completed Purple Line subway station. Don't miss out on this rare opportunity to own a beautiful move-in ready home in one of LA's most desirable neighborhoods!

Nearby schools

7/10
Nora Sterry Elementary School
Public,K-50.7mi
9/10
Fairburn Avenue Elementary School
Public,K-50.8mi
9/10
Warner Avenue Elementary School
Public,K-51.3mi
5/10
Brentwood Science School
Public,K-51.8mi
3/10
Daniel Webster Middle School
Public,6-81.7mi
8/10
El Rodeo Elementary School
Public,K-81.9mi
6/10
University Senior High School Charter
Public,9-121.2mi
6/10
University Senior High School
Public,9-121.2mi
9/10
Beverly Hills High School
Public,9-122.0mi

Price History

Date
Event
Price
09/30/04
Sold
$395,000
08/30/96
Sold
$126,500
Condition Rating
Fair

Built in 1972, this property is over 50 years old. While the unit appears clean and 'move-in ready' with some updated features like flooring in the living area and plantation shutters, the kitchen is significantly outdated. It features tile countertops, older white appliances, and cabinet styles that suggest a renovation from 20-30 years ago, or even original components. The bathroom condition is not shown but likely aligns with the kitchen's age. Major components are functional but show clear signs of being outdated, requiring substantial cosmetic updates to meet current standards.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Location: Centrally located near UCLA, Westwood Village, a large park with diverse amenities, and the soon-to-be-completed Purple Line subway station, offering unparalleled convenience and connectivity.
Luxurious Building Amenities: The building boasts an extensive array of amenities including a sparkling pool, spa, fully equipped gym, steam room, sauna, waterfall, pond, and a community lounge, providing a resort-like living experience.
Inclusive HOA Dues: The HOA dues cover water, trash, electricity, and earthquake insurance, significantly reducing monthly out-of-pocket expenses and offering peace of mind to residents.
Unique Penthouse Features: As a penthouse unit, it features vaulted ceilings, plantation shutters, and a bright, airy living space, including an open loft-style second bedroom with a skylight, enhancing its appeal and versatility.
Enhanced Security and Management: The presence of a 24-hour security guard and an on-site manager ensures controlled building access, assistance with deliveries, and smooth operational management, contributing to a secure and well-maintained environment.

Cons

High Monthly Association Fee: The $960.0 monthly association fee, despite its inclusions, is substantial and could be a significant ongoing financial consideration for potential buyers.
Building Age and Potential for Future Capital Expenses: Built in 1972, the building is over 50 years old, which may imply aging infrastructure and the potential for future special assessments for major repairs or upgrades, despite the unit being 'move-in ready'.
Limited Privacy in Second Bedroom: The second bedroom is an 'open loft-style' overlooking the living room, which, while bright, lacks the privacy and enclosed space of a traditional bedroom, potentially limiting its appeal for certain uses or occupants.

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