540 Kelton 502, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath

540 Kelton 502, Los Angeles, California 90024 home-pic-0
ACTIVE$849,995$1,191/sqft
540 Kelton 502, Los Angeles, California 90024
2Beds
3Baths
1,191Sqft
15,350Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Building Age: Constructed in 1964, the building may have older infrastructure or require updates, potentially leading to future maintenance costs or special assessments.

Compared to the nearby listings

Price:$850.0K vs avg $1.19M ($-344,005)31%
Size:1,191 sqft vs avg 1,733 sqft26%
Price/sqft:$714 vs avg $74143%

More Insights

Built in 1964 (62 years old).
Condition: Built in 1964, this unit has received some cosmetic updates like newer laminate flooring and fresh paint in the living areas and bedrooms. However, the kitchen features dated white cabinets, older tile flooring, and a very outdated fluorescent ceiling light fixture. While it has granite countertops and some stainless steel appliances, the overall kitchen style is not modern and requires significant updates to meet current standards. The bathrooms are not clearly visible but likely align with the kitchen's condition. The property is functional and maintained but shows clear signs of being outdated in key areas.
Year Built
1964
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$714
HOA
$668
Days on market
-
Sold On
-
MLS number
PW25275157
Home ConditionFair
Features
Good View: Hills, Neighborhood
ViewHills, Neighborhood

About this home

Located in a prime Westwood location and conveniently located near UCLA, this bright, airy unit features two generously sized bedrooms with en suite bathrooms, along with an additional powder room for guests. This top-floor corner condo features an open floor plan and beautiful hill and city-light views with fantastic natural lighting. The oversized living room flows into dining area and galley kitchen, with additional perks like in unit laundry hook ups. Unit includes 1 secure parking space in the subterranean garage and private storage unit. Community amenities include a pool, elevator, and secure access to the building. Conveniently located close to shops, restaurants, and grocery stores, and near the 405 freeway. Don't miss this prime opportunity for owners and investors!

C
Charles Chang
Listing Agent

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-51.1mi
9/10
Fairburn Avenue Elementary School
Public,K-51.4mi
7/10
Nora Sterry Elementary School
Public,K-51.6mi
5/10
Brentwood Science School
Public,K-51.7mi
8/10
El Rodeo Elementary School
Public,K-82.2mi
3/10
Daniel Webster Middle School
Public,6-82.8mi
6/10
University Senior High School
Public,9-121.6mi
6/10
University Senior High School Charter
Public,9-121.6mi
9/10
Beverly Hills High School
Public,9-122.5mi

Price History

Date
Event
Price
04/24/18
Sold
$750,000
11/15/04
Sold
$465,000
01/10/03
Sold
$315,000
Condition Rating
Fair

Built in 1964, this unit has received some cosmetic updates like newer laminate flooring and fresh paint in the living areas and bedrooms. However, the kitchen features dated white cabinets, older tile flooring, and a very outdated fluorescent ceiling light fixture. While it has granite countertops and some stainless steel appliances, the overall kitchen style is not modern and requires significant updates to meet current standards. The bathrooms are not clearly visible but likely align with the kitchen's condition. The property is functional and maintained but shows clear signs of being outdated in key areas.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Location: Prime Westwood location offering unparalleled convenience to UCLA, diverse retail, dining options, and easy access to the 405 freeway, appealing to both owners and investors.
Premium Unit Features: Top-floor corner unit boasting an open floor plan, abundant natural lighting, and desirable hill and city-light views, enhancing its appeal and living experience.
Functional Layout: Features two generously sized bedrooms, each with an en-suite bathroom, plus an additional powder room for guests, providing privacy and convenience.
Desirable Amenities: Community amenities include a pool, elevator, secure building access, a dedicated subterranean parking space, and a private storage unit, adding significant value and comfort.
In-Unit Laundry: Includes convenient in-unit laundry hook-ups, a highly sought-after feature for modern condo living.

Cons

Building Age: Constructed in 1964, the building may have older infrastructure or require updates, potentially leading to future maintenance costs or special assessments.
High Monthly HOA Dues: The $668 monthly association fee is substantial and represents a significant recurring cost of ownership that could impact affordability for some buyers.
Galley Kitchen: The description mentions a 'galley kitchen,' which, while functional, may be perceived as less modern or spacious compared to the open-concept kitchens often preferred by today's buyers.
Browse Properties by State Browse housing market trends by state