tomo logo

$1,750,000

Beds
4
Baths
3.5
sq ft
2,233

1601 Veteran Ave Unit 301, Los Angeles, CA 90024

1601 Veteran Ave Unit 301

Los Angeles, CA 90024

  • 130 days on market
Westwood condos exclusive fully leased income, two bedroom, two bathroom 1,118 sq ft each or 2,233 combined Units #301/#302, total GSI $95k; top of market lease price for each unit #301 $3975/month and #302 $3950/month; Three subterranean deeded side-by-side parking spaces; Description #301 $3975 thru 11/24 Unbranded video is available under 360 on this listing. Private front balcony Views of the snow-covered mountains and Westwood (UCLA) and Century City from this Penthouse corner PET-FRIENDLY two bedrooms, two baths 1,118 sq. ft. home. Highly walkable/bikeable near Westwood Village, shops, dining, parks, UCLA(1.6 mi) & 405/10 Freeways. Westfield Shopping in Century City, Bev Mo, and more are down the street. Remodeled throughout, including the living room A/C and the in-unit stackable washer and dryer in the primary bedroom closet, beautiful wood flooring throughout, newer dual pane windows and slider, recessed lighting fixtures, and a ceiling fan with light in each bedroom. The kitchen has lacquered finish maple cabinets, quartz counters, new fixtures, an undermount sink, modern cabinet pulls, and LG stainless steel appliances. Building amenities include reserved subterranean parking, private indoor storage closets for each unit, indoor secure bike parking, and a multi-purpose room. Description #302 $3950 thru 7/26 Penthouse back inside corner, two bedrooms, two baths 1,118 sq. ft. with inside washer/dryer on the quiet backside of this three-story Veteran Ave property Penthouse unit with a city view and elevator to the top plus back stairs to the garaged secured parking. Modern condo with top-to-bottom improvements; one shared wall with unit #301. It is a genuine opportunity in a highly sought-after location. Engineered bamboo flooring throughout. Milgard dual pane windows and slider & ductless A-C system. Recessed lighting, fixtures, and fans. Bathrooms with tile flooring, bamboo veneer vanities, quartz counters, plumbing fixtures, and enclosures. The modern kitchen has lacquered finish maple cabinets, quartz counters, newer fixtures, an undermount sink, modern pulls, and all LG stainless steel appliances.Washer and Dryer in the home and two parking spaces in subterranean gated parking. Two penthouse income condo units #301 $3975/mo// thru 11/13/24 //(#302// $3950/mo//Lease thru 7/14/26 //Gross income $95,100 annually; Operating expenses including HOA fees of $488 per unit OR $976 FOR THE TWO//Tenants pay lease payments through innago.com

Details

Property type

Condominium

Est. home value

$1,430,289

Lot size

8,011 sq ft

Price per sq ft

$784

Year built

1971

Monthly HOA fee

$488

Price History

08/15/2024
CRMLS

CRMLS #PV24168966

Listed
$1,750,000

Schools & Community

Neighborhood: 

Westwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Curbs, Golf, Street Lights, Sidewalks, Park

High school district: 

Westwood

Number of units in community: 

12

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Bank

Loan start date

November 2017

Original loan amount

$675,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Credit Line (Revolving)

Seller

Ryan E Stearns and Debra Young Stearns

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 5:45 PM

Listing updated: 12/18/2024 at 9:50 PM

Listed by: Vincent Serhan, Vista Sotheby's International Realty Phone #: (310) 541-8271

MLS: CRMLS #PV24168966

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