1527 Veteran Ave
Los Angeles, CA 90024

Residential Multi Family (Other)

0.18 Acres
10683 Sqft Living Area

16 Bedrooms

0 Bathrooms (0 Full, 0 Half)

Year Built: 1986

$5,250,000

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Property Description

We are pleased to present for sale 1527 Veteran Avenue, an 8-unit property ideally located in the heart of LA's vibrant Westside. The building was built in 1986, and as such, is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated parking (exempt from seismic soft story retrofit). The ideal unit mix consists of (5) 2-bedroom, 2-bathroom units and (3) two story spacious 1-bedroom, 2-bathroom units with lofts. Many interiors have been finished with beautiful wood flooring, modern cabinetry, and upgraded kitchens and bathrooms. The building offers its residents an intercom entry, balconies, fireplaces, beautiful landscaping, an on-site laundry room, and ample gated parking (8 tandem spaces for a total of 16 spots). Each unit has a fireplace, central HV/AC, large bedrooms, and a dynamite floor plan flooded with natural light. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.