Los Angeles, CA 90024 406 Veteran Avenue

OPEN HOUSE Thu, Jul 24 2025 11:00 AM - 2:00 PM
406 Veteran Avenue Los Angeles, CA - Image 1406 Veteran Avenue Los Angeles, CA - Image 2406 Veteran Avenue Los Angeles, CA - Image 3
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Presented By: Adrienne Barr with Berkadia;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25564979
  • 07/14/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 21
  • Baths • 21

Home Details

* Prime West Los Angeles location one building away from UCLA; walk to Westwood Village; minutes to Westfield Century City * Seller is the original builder; first time on the market in over 50 years * Built-in tenant source from UCLA * Within blocks of shopping, dining, and coffee shops along Wilshire Boulevard and Westwood Boulevard * Beautifully maintained modern three-story elevator building with fantastic curb appeal * Strong Demographics: $214K average household income within three miles; $2.7 million average home value within one mile | This high-quality asset boasts subterranean parking for every unit, an elevator, trash chutes, new electrical panels in all units (2025), new water heater (2022), resealed roof (2018), new exterior paint (2019), and has already been re-piped (verticals in 2010 and horizontals in 2008). This is a rare opportunity to purchase a high-quality building in an irreplaceable location, just steps away from the UCLA campus. * Rents shown are averages.
Presented By: Adrienne Barr with Berkadia;

Interior Features for 406 Veteran Avenue

Bedrooms

Total Bedrooms21

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths21

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesCommonArea
Total Stories3

General for 406 Veteran Avenue

Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate3.8
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsOne building away from the UCLA campus. On Veteran Avenue at Gayley Avenue.
Full Baths
Garage Y/NNo
Gross Income487152.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7402.0
Lot Size UnitsSquareFeet
MLS AreaC05 - Westwood - Century City
MobileHomeRemainsYNNo
Net Operating Income298135.0
New ConstructionNo
Number Of Units Total15
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1963
ZoningLAR4

Exterior for 406 Veteran Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1699
Lot Size Area7402.0
Number of Buildings1
Parking FeaturesUnderground, SideBySide
Private PoolNo
SpaNo
Total Parking15.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $7,995,000
MLS#25564979
List Date 07/14/2025
Property Type Multi-Family
Phone 714.742.6515
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