540 Kelton Avenue, Los Angeles, California 90024, Los Angeles, 90024 - bed, bath

540 Kelton Avenue
Los Angeles, California 90024
Property Price
SUMMARY
Analysis of 540 Kelton Avenue, 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
Property is move-in ready.
This condo, built in 1964, has undergone significant and relatively recent renovations, making it move-in ready. The kitchen features contemporary wood cabinets, dark quartz countertops, a mosaic tile backsplash, and a mix of stainless steel and white Frigidaire appliances. All three bathrooms are updated with modern vanities, granite tops, and clean tile work. The entire unit boasts wide-plank wood laminate flooring and updated vinyl, double-pane windows. While the lack of central air conditioning (relying on portable units) is a notable functional drawback, the extensive interior updates to key areas like the kitchen, bathrooms, and flooring elevate its condition beyond 'Fair'.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime University Location
Situated directly in the heart of UCLA, this condo offers unparalleled access to the university, Westwood Village, and major freeways (405), making it highly desirable for students, faculty, or investors.
- Modernized Interior Finishes
The unit boasts contemporary upgrades including wide-plank wood laminate flooring, crown and baseboard molding, and an updated kitchen featuring quartz countertops, subway tile backsplash, and stainless steel appliances.
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 = 1195.
- Absence of Central Air Conditioning
The property relies on portable air conditioning units in each room, which may not provide the same level of comfort or efficiency as a central HVAC system, especially during warmer months.
- High Rental Occupancy Rate
With 23 out of 26 units being rentals, primarily to UCLA students, the building may experience a transient community, potentially impacting long-term owner-occupant stability and noise levels.
About 540 Kelton Avenue
Right in the heart of UCLA proud sits this handsome second-floor condo, one of 26 units in a well kept five-story building. 23 of the 26 units are rentals, mostly for UCLA students. 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
- -
- Total Bathrooms
- -
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
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 | - | 2.0 | 1% |
| Baths | - | 3.0 | 1% |
| Square foot | 1,259 | 1,828 | 20% |
| Lot Size | 15,345 | 32,849 | 19% |
| Price | $835.0K | $1.26M | 23% |
| Price per sq ft | $663 | $731 | 28% |
| Built year | 1964 | 1982 | 19% |
| HOA | $701.0 | $2.1K | 19% |
| Days on market | 30 | 193 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$835,000
Initial Listing
Sold
Jun 21, 2024
$715,000
Public Record
Sold
Sep 27, 2005
$520,000
Public Record
Sold
Nov 23, 2004
$420,000
Public Record






















