540 Kelton Avenue 306, Los Angeles, California 90024, Los Angeles, 90024 - 3 bed, 3 bath
540 Kelton Avenue 306
Los Angeles, California 90024
Property Price
SUMMARY
Analysis of 540 Kelton Avenue 306, Los Angeles, California 90024 is currently available with a list price of $1,099,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Property is new construction or fully renovated.
Despite being built in 1964, the condo has undergone extensive recent renovations. The kitchen and bathrooms feature new cabinetry, countertops, flooring, hardware, and modern stainless steel appliances, all appearing virtually new. The rest of the unit presents with fresh paint and clean, light-colored carpeting. While the building is older and lacks central AC, the interior unit's condition, particularly the key areas, meets the 'extensively renovated recently' criteria for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Location
Situated in the heart of Westwood Village, offering unparalleled access to UCLA, diverse shopping, dining, and major commuter routes, appealing to a wide range of buyers.
- Flexible Two-Level Layout
Rare two-level design with a bonus room adaptable as a third bedroom or office, and separate private entrances on each level, providing exceptional versatility for living or working from home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Monthly HOA Dues
The association fee of $922 per month is substantial and could be a deterrent for some buyers, impacting overall affordability.
- Shared Laundry Facilities
The presence of 'on-site laundry' implies shared facilities rather than in-unit, which may be less convenient for residents expecting private laundry at this price point.
About 540 Kelton Avenue 306
Updated two-level condo in the heart of Westwood Village. This rare layout offers two bedrooms, three bathrooms, plus a large bonus room ideal for a third bedroom, office, or flex space. Both levels are light filled and feature separate private entrances, creating great flexibility for living or working from home. The kitchen and bathrooms have been updated with new counters, flooring, cabinetry, hardware, and stainless steel appliances. Open living areas feel spacious and bright, with long private balconies on each level offering city views. The unit includes two parking spaces in a gated garage and a private underground storage room. The building features a large pool, on-site laundry, and secure access. Prime location near UCLA, Westwood Village shopping and dining, and major commuter routes.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 15,350 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $922.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Warner Avenue Elementary School
Grades K-5 • 1.1 mi
Fairburn Avenue Elementary School
Grades K-5 • 1.4 mi
Nora Sterry Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,566 | 1,828 | 39% |
| Lot Size | 15,350 | 32,849 | 19% |
| Price | $1.10M | $1.26M | 41% |
| Price per sq ft | $702 | $722 | 44% |
| Built year | 1964 | 1982 | 19% |
| HOA | $922.0 | $2.1K | 33% |
| Days on market | 43 | 191 | 3% |
Pricing History
Listed for Sale
Jan 22, 2026
$1,099,000
Initial Listing
Sold
Dec 29, 2020
$809,500
Public Record