540 Kelton Avenue 201, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath

540 Kelton Avenue 201, Los Angeles, California 90024 home-pic-0

540 Kelton Avenue 201

Los Angeles, California 90024

ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,259Sq Ft
15,345Lot Size

Property Price

LIST PRICE$835,000

SUMMARY

Analysis of 540 Kelton Avenue 201, Los Angeles, California 90024 is currently available with a list price of $835,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 1964, this unit has undergone extensive interior renovations, making it move-in ready. It features modern wide-plank wood laminate flooring, updated kitchen with contemporary wood cabinets, quartz countertops, and a mix of stainless steel and white appliances. The bathrooms have also been updated with granite vanities and modern tiling. Newer double-pane windows are a significant upgrade. While the unit is well-maintained and updated, the reliance on portable air conditioning units and the older aesthetic of the building's exterior prevent an 'Excellent' rating. Some kitchen and bath finishes, though updated, are not cutting-edge contemporary.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).

  • Prime Location

    Situated directly in the heart of UCLA, near Westwood Village and the 405 freeway, offering unparalleled access to education, entertainment, and major transportation routes.

  • Modern & Updated Interior

    The condo boasts a contemporary feel with 9-foot ceilings, an open floor plan, wide-plank wood laminate flooring, crown molding, double-pane UV-coated windows, and a fully equipped, modern galley kitchen with quartz counters and subway tile backsplash.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1259, other record living area = 1191.

  • Portable Air Conditioning

    The property relies on portable air conditioning units in each room instead of a central AC system, which can be less efficient, noisier, and occupy floor space, potentially affecting comfort during warmer months.

  • High HOA Fees

    The monthly HOA fee of $701 is substantial, which, despite its inclusive nature (water, trash, grounds, earthquake insurance), represents a significant ongoing cost that could impact affordability for some buyers.

About 540 Kelton Avenue 201

Right in the heart of UCLA proud sits this handsome second-floor condo, one of 26 units in a well kept five-story building. The first impression upon entering this corner unit is how expansive it feels, with 9-foot ceilings and open floor plan. The living room/dining room is flooded with natural light from a wall of vinyl, double pane, UV coated, sliding glass picture windows with medium-blade Venetian blinds for privacy. The floor gleams with its wide-plank, wood laminate flooring. There is also classy crown and baseboard molding. The dining area could easily handle six for dinner. There are built-in contemporary wood cabinets. The galley kitchen includes an electric Schott Ceran stovetop and oven, Frigidaire dishwasher, Frigidaire refrigerator, and built-in, stainless steel Frigidaire microwave. There are plenty of contemporary wood cabinets, including a pantry closet. The counters are a sparkly midnight quartz with sea foam, subway glass tile backsplash and a double, stainless steel sink with gooseneck faucet. There are two bedrooms each with their own full bathroom. The master is spacious with plenty of natural light from vinyl, double pane, UV coated windows with medium blade Venetian blinds for privacy. There are not one, but two large closets with large mirror, sliding doors and a ceiling fan/light. The bathroom has sea foam, subway glass tile walls, ceramic tile floor, a granite top vanity, shower over tub, and a Kohler toilet. The second bedroom also has a ceiling fan/light, one large closet with mirror, sliding doors. It's bathroom is fantastically lit by opaque windows. There's a shower over bath, Kohler toilet, a Decolav porcelain basin sink set atop a granite top vanity and ceramic tile flooring. A guest bathroom is situated in the foyer with ceramic tile floor, a Kohler toilet and granite top vanity. The hallway includes a laundry closet with stacked GE washer/dryer, as well as a closet with sliding mirror doors. Each room has a Toshiba portable air conditioner. The condo also includes a spacious storage closet in the basement, a single parking space in a secured garage, outdoor pool and picnic area. HOA fees include water, trash, grounds maintenance and earthquake insurance. Location is near Westwood Village and 405 interstate. Such an ideal condo in an ideal location.

Property Details

Public Facts

Property Type
Condominium
Year Built
1964
Lot Size
15,345 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$701.0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Warner Avenue Elementary School

Grades K-5 • 1.1 mi

9/10

Fairburn Avenue Elementary School

Grades K-5 • 1.4 mi

9/10

Nora Sterry Elementary School

Grades K-5 • 1.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.03.0
50%
Square foot1,2591,828
20%
Lot Size15,34532,849
19%
Price$835.0K$1.26M
23%
Price per sq ft$663$731
28%
Built year19641982
19%
HOA$701.0$2.1K
19%
Days on market49193
2%

Pricing History

Listed for Sale

Jan 16, 2026

$835,000

Initial Listing

Sold

Jul 7, 2021

$773,500

Public Record

Sold

Nov 8, 2017

$737,000

Public Record

Sold

Oct 31, 2007

$400,000

Public Record

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