
Los Angeles, California 90064
This Multi-Unit Residential Compound represents a Prime Investment Opportunity, listed at $2,999,000—positioned slightly above the $2,881,394 Fair Market Value. While not a discount play, the property offers exceptional stability through its Mint Condition Rating and two newly permitted ADUs. With a projected $7,500 monthly rental income, this asset provides significant mortgage-offsetting potential. Featuring a renovated main house, modern infrastructure, and a private patio, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, turnkey Westside compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2621 Veteran Avenue Subject | $2,849,000* List Price | 6 | 5 | 2,775 | $1,038 | - |
A 2649 Barry Avenue Sold | $2,590,000 | 4 | 5 | 2,683 | $965 | 0.9 mi |
B 2725 Veteran Avenue Sold | $2,330,000 | 4 | 3 | 2,592 | $899 | 0.2 mi |
C 10585 Esther Avenue Sold | $3,416,000 | 4 | 5 | 2,662 | $1,283 | 0.6 mi |
D 2670 Barry Avenue Sold | $2,885,000 | 4 | 4 | 2,474 | $1,166 | 0.9 mi |
E 10575 Cushdon Avenue Sold | $3,250,000 | 4 | 3 | 2,949 | $1,102 | 0.6 mi |
F 2639 Military Avenue Sold | $2,195,000 | 4 | 4 | 2,040 | $1,076 | 0.2 mi |
G 2329 Manning Avenue Sold | $2,330,000 | 4 | 5 | 2,683 | $868 | 0.7 mi |
H 2739 Midvale Avenue Active | $2,995,000 List Price | 5 | 5 | 2,684 | $1,116 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in mint condition following an extensive renovation of the main house 1.5 years ago and the addition of two brand-new, permitted ADUs. Key updates include new kitchens with quartz countertops and stainless appliances, modern bathrooms, new mini-split HVAC systems, a new roof, dual-pane windows, and a new sewer line installed in 2025.
The inclusion of two newly built, permitted ADUs projected to generate $7,500 in monthly rental income offers a significant mortgage offset and high investment value for the Westside.
The property features extensive recent improvements including a brand-new sewer line (2025), new roof, smooth stucco, dual-pane windows, and separate utility meters for the ADUs.
With a renovated 3-bedroom main house and two independent ADUs, the property functions perfectly as a multi-generational compound or a high-yield residential income property.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2775, other record living area = 1510. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Accommodating three separate living units on a 6,193 square foot lot may result in limited private outdoor space and a higher density feel than typical single-family homes in the area.
The property lacks any significant views, which may be a consideration for buyers comparing this to other luxury-priced listings in the West Los Angeles market.
Opportunities like this rarely come around in Rancho Park. This is more than a renovated home it's a fully reimagined property with two newly built, permittedADUs offering exceptional flexibility. Live in one, rent the others, accommodate extended family, or create your own Westside compound.In today's market, the ADUs areprojected to generate about $7,500 per month in rental income, offsetting a substantial portion of the mortgage and bringing the effective cost closer to that of a $1.6M -$1.7M home a compelling value for an income-producing property in this desirable neighborhood. The main house was extensively renovated about a year and a half agoand features a thoughtful layout with 3 bedrooms, 2 updated bathrooms, a true galley kitchen, and a spacious dining room with pass-through counter seating that keepseveryone connected. Exterior improvements include smooth new stucco, a new roof, new rain gutters, all new dual-pane windows, and replaced interior and exterior doors.Landscaping and irrigation are also new, and major infrastructure was addressed with a brand-new sewer line installed in 2025 .Inside, finishes are clean and cohesive withnew flooring, quartz countertops throughout, recessed lighting, new kitchen appliances, and mini-split systems for zoned heating and cooling. The home also offers woodburningand gas fireplaces, plus thoughtful details like a ventless dryer setup. The two newly constructed ADUs each have private entrances, solar panels and their ownaddresses: 2617 Veteran (Top) & 2619 Veteran (Bottom). The lower ADU (approx. 656 sq ft) includes 2 bedrooms and 1.5 bathrooms, a spacious double walk-in shower, afull kitchen with new appliances, in-unit washer and dryer, private outdoor space, and mini-split heating and cooling. The upper ADU, approximately 609 square feet, offers1 bedroom and 1 bathroom, along with an additional 100-square-foot covered patio that feels like a natural extension of the living space ideal for morning coffee or eveningunwinding. Inside, you'll find another double walk-in shower, a full kitchen with new appliances, dedicated laundry, and its own mini-split system.Both ADUs feature dualpanewindows and individual water and electric meters, adding convenience and efficiency for owners and tenants alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 94% |
| Baths | 5.0 | 3.0 | 80% |
| Square foot | 2,775 | 2,030 | 72% |
| Lot Size | 6,193 | 6,249 | 47% |
| Price | $2.85M | $2.12M | 75% |
| Price per sq ft | $1.0K | $1.0K | 47% |
| Built year | 1939 | 1945 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 118 | 3% |
Jun 15, 2026
$2,849,000
$2,950,000
-3% Price Drop
Initial Listing
Jun 10, 2026
$2,950,000
$2,999,000
-2% Price Drop
Initial Listing
May 14, 2026
$2,999,000
Initial Listing