2621 Veteran Ave, Los Angeles, CA 90064
2621 Veteran Ave, Los Angeles, CA 90064
2621 Veteran Ave, Los Angeles, CA 90064
38
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$2,839,000
Est. payment /mo
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6 Beds
5 Baths
2,639 SqFt
New

2621 Veteran Ave Los Angeles, CA 90064

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,639 sqft

Price per Sqft $1,075

MLS Listing ID 26997885

Bedrooms 6

Year Built 1939

Lot Size 6,193 Sqft

Acres 0.1422

Property Sub-Type Multi-Family

Property Description

A thoughtfully reimagined Westside property offering the rare combination of design, location, and immediate income, 2621 Veteran Ave presents an exceptional investment opportunity in the heart of West Los Angeles/Rancho Park. The property features a beautifully updated three-bedroom, two-bathroom main residence plus two newly constructed income-producing units, creating a compelling asset for investors, owner-users, or those seeking to offset their cost of ownership with substantial rental income. The main residence has been transformed into a sophisticated and inviting home, balancing contemporary design with the effortless indoor-outdoor lifestyle synonymous with Southern California. A refined palette of finishes, smooth-coat stucco, dual-pane windows, zoned climate control, and a wood-burning fireplace create a polished yet comfortable environment. The galley-style kitchen features crisp quartz surfaces and seamless pass-through counter seating, opening directly to an expansive dining and living area. The private backyard provides a generous outdoor setting for entertaining, relaxing, or creating a personalized garden retreat, along with additional storage. The investment potential is equally compelling. The main residence is currently leased for $7,100 per month, while the newly constructed detached building provides two additional rental units: a two-bedroom, one-and-a-half-bath residence leased for $3,500 per month and an upstairs one-bedroom, one-bath residence leased for $2,800 per month. Together, the property generates $13,400 per month, or $160,800 in annual rental income, offering investors immediate, in-place cash flow across three separate residences. Each additional unit has been designed with privacy and functionality in mind. The two-bedroom residence features an open living room and kitchen configuration with its own private side patio, while the upper one-bedroom residence enjoys a covered approximately 100-square-foot patio overlooking its serene surroundings.Thoughtful infrastructure improvements further enhance the property's appeal, including a brand-new sewer line, dedicated utility metering, and individual solar arrays serving the additional units. The result is a turnkey, income-producing Westside asset with multiple avenues for long-term value creation.Whether held as a pure investment, occupied as a primary residence with significant rental income, or acquired as a multigenerational property, 2621 Veteran Ave offers an unusually compelling combination of location, quality, and income-producing potential in one of Los Angeles' most desirable Westside neighborhoods.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR1

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Dishwasher, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator

Exterior

Parking Features Carport, Driveway

Garage Spaces 3.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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2621 Veteran Ave