1440 Veteran Avenue 531, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 1 bath
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Los Angeles, California 90024
This Modern Top-Floor Loft Condo is a Strong Value Opportunity, listed at $519,000—positioned well below the $560,841 Fair Market Value by 7%. This valuation gap provides $41,841 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the interior features a high-end renovation with quartz countertops, stainless appliances, and a unique spiral staircase loft. Located steps from UCLA and zoned for elite 9/10-rated schools like Fairburn Avenue Elementary, this residence balances lifestyle luxury with financial upside. It is an ideal match for Owner-Occupants or UCLA Professionals seeking a turnkey Westside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1440 Veteran Avenue 531 Subject | $519,000* List Price | 2 | 1 | 840 | $668 | - |
A 1440 Veteran Avenue 209 Sold | $494,001 | 1 | 1 | 661 | $747 | 0.0 mi |
B 969 Hilgard Avenue 1008 Sold | $650,000 | 2 | 1 | 962 | $676 | 0.6 mi |
C 10751 Wilshire Boulevard 1204 Sold | $590,000 | 1 | 2 | 948 | $622 | 0.6 mi |
D 10687 Wilkins Avenue 1 Sold | $650,000 | 2 | 2 | 972 | $669 | 0.6 mi |
E 10751 Wilshire Boulevard 1009 Sold | $650,000 | 1 | 2 | 929 | $700 | 0.6 mi |
F 1440 Veteran Avenue 601 Active | $549,000 List Price | 2 | 1 | 798 | $688 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1972, the unit has undergone a high-quality recent renovation (likely within the last 5 years). It features a modern kitchen with quartz countertops and stainless steel appliances, an updated bathroom with a floating sink and contemporary tile, and updated flooring and recessed lighting throughout. The property is in mint, move-in ready condition.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property boasts an exceptional walk score, located just blocks from UCLA and the vibrant Westwood Village, providing immediate access to premium grocery stores like Whole Foods and Trader Joe's.
As a top-floor corner unit with high ceilings and a loft-style second bedroom, this home offers superior privacy, natural light, and a sense of volume that distinguishes it from standard single-level condos.
The monthly HOA fee of $1,043.79 is significantly high relative to the listing price, which may impact buyer affordability and overall investment yield.
With only one bathroom for a two-bedroom unit and the absence of in-unit laundry facilities, the property may face challenges in a market where buyers prioritize convenience and shared-living functionality.
Desired Top floor 2 bed/1 bath corner-unit on quiet backside of The Colony at Westwood, with secured entry, updated pool/spa/gym/laundry, lounge and recreation room. 2 level unit with open floor plan that includes high ceilings, recessed lighting in living room, kitchen with quartz countertops, stainless steel appliance and breakfast bar. 1 bedroom on main level with 2 closets and updated full bath with floating sink and tile finishes. Spiral staircase leads to 2nd bedroom/open loft area with skylight and hardwood floors. Extra bonus space upstairs ideal for office/storage. Pets ok, secured 1 parking space in front garage, common area EV charging, common area laundry. Ideal close proximity and convenient location within a few blocks of UCLA campus and all the great retail, grocery and restaurants in Westwood Village and Westwood Blvd. including Whole Foods, Bristol Farms, Trader Joe's, 99 Ranch Market, Sprouts, and many coffee shops and restaurants. Also, close to Westwood Recreation Center, Tennis and Park, Westfield Century City and Beverly Hills. Move-in ready!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 840 | 1,727.5 | 5% |
| Lot Size | 96,892 | 32,943 | 97% |
| Price | $519.0K | $1.27M | 4% |
| Price per sq ft | $618 | $743 | 24% |
| Built year | 1972 | 1982 | 23% |
| HOA | $1043.79 | $1.9K | 38% |
| Days on market | 11 | 166 | 1% |
Apr 22, 2026
$519,000
Initial Listing
Aug 28, 1997
$125,500
Public Record