NOT LISTED FOR SALE

1601 Veteran Ave Unit 201 Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $712,000 - $904,000

2 Beds
2 Baths
1,112 Sq Ft
8,011 Sq Ft Lot

Last Sold May 15, 2017

Last sale price $695,000 $625 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,249/month

Highlights

  • Gated Community
  • Views of Trees
  • Wood Flooring
  • Fairburn Avenue Elementary School Rated A
  • Contemporary Architecture
  • Corner Lot

About This Home

As of March 2021

Recent completely remodeled front corner, 2 bedrooms and 2 baths condo on a tree-lined street north of Santa Monica Blvd. Remodeled sleek white kitchen with quartz counters, lacquered wood cabinets, and stainless-steel appliances. Remodeled bathrooms with quartz counters, newer plumbing, and light fixtures. Spacious living room with large dual pane windows, balcony, and recessed lighting. Beautiful wood flooring throughout. Private laundry inside the unit, air conditioning, and large walk-in master closet. Conveniently located near Century City, Westwood Village/UCLA campus, and easy access to 405 Fwy. This charming Westwood neighborhood has plenty of shops, restaurants, entertainment venues, and public parks all within a few blocks away. Available now.

Last Agent to Rent the Property

Josephine Chiu

Compass License #01077105 Listed on: 01/15/2021

Compass

Last Renter's Agent

Josephine Chiu

Compass License #01077105 Listed on: 01/15/2021

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

Property Views

  • Trees
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,112 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $3,250
  • Tenant pays for electricity, cable TV, move out fee, gas, insurance
  • Rent includes trash collection, association dues, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4324-030-072

Community Details

Overview

  • Association fees include trash, water
  • 11 Units

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1971 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Not Included In Rent: Gas, eletricity, cable or internet service
  • Rent Includes: Trash Collection, Association Dues, Water
  • Security Deposit: 3250
  • Tenant Pays: Electricity, Cable TV, Move Out Fee, Gas, Insurance
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Remodeled upper-level front unit, 2 bedrooms and 2 baths, tree-lined street views. Updated kitchen and baths. Wood floors throughout, recessed lighting, and private laundry inside the unit. Air conditioning. Fantastic Westwood neighborhood. Close to Century City, Westwood Village, UCLA campus.
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 1112
  • Lot Acreage: 0.1839
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Living Room Balcony, Recessed Lighting
  • Flooring: Wood, Ceramic Tile
  • Appliances: Cooktop - Electric, Oven, Microwave
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower and Tub, Remodeled
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: In Closet, Inside, In Unit
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave
  • Inclusions: Refrigerator, washer and dryer
  • Price Per S Q F T: 2.70
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: East
  • Direction Faces: East
  • Other Features: Balcony, Sliding Glass Doors
  • Exposure: East/south
  • Patio: Covered, Balcony
  • Pool: No
  • Spa Yn: No
  • View: Green Belt, Walk Street, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 1

Utilities

  • Cooling: Multi/Zone, Air Conditioning, Ceiling Fan
  • Heating: Central
  • Security: Gated, Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Elevator, Gated Community
  • Pet Rules: Assoc Pet Rules, Call, Pets Permitted

Condo/Co-op/Association

  • Association Fees Include: Trash, Water
  • Unit Location: Front

Lot Info

  • Assessor Parcel Number: 4324-030-072
  • Lot Description: Gated Community
  • Lot Location: Corner Lot
  • Lot Size Area: 8009

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 3, 2017
Sold by
Westwood Village Condo Llc
Bought by
Ren Shuai
Seller's Agent
Mark Feras Rafeh
Century 21 Hilltop
Buyer's Agent
KC James Dorame
Allure Capital Management Corp
List Price
$689,000
Sold Price
$695,000
Premium/Discount to List
$6,000
0.87%
Current Estimated Value
$839,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,163
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Jan 26, 2017
Sold by
Bruin Veteran Llc
Bought by
Westwood Village Condo Llc

Purchase Details

Closed on
Jan 12, 2016
Sold by
Caras Rhea and Caras Stacy
Bought by
Bruin Veteran Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,295,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2010
Sold by
1601 Veterans Condominiums Inc
Bought by
Caras Rhea and Caras Stacy

Purchase Details

Closed on
Jan 25, 2010
Sold by
Vea Capital Llc
Bought by
1601 Veteran Condominiums Inc

Purchase Details

Closed on
Feb 22, 2008
Sold by
1601 Veteran Apartments Inc
Bought by
1601 Veteran Condominiums Inc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Caras Rhea and Caras Stacy
Bought by
Caras Rhea and Caras Stacy

Purchase Details

Closed on
Jun 19, 2003
Sold by
Caras William G
Bought by
Vew Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ren Shuai $695,000 Chicago Title
Westwood Village Condo Llc -- None Available
Bruin Veteran Llc $423,000 Equity Title Los Angeles
Caras Rhea -- Chicago Title Company
1601 Veteran Condominiums Inc -- Chicago Title Company
1601 Veteran Condominiums Inc -- Chicago Title Company
Caras Rhea -- Accommodation
Vew Investments Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruin Veteran Llc $2,295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2021 03/16/21 Rented $2,800 -6.7% --
03/09/2021 03/09/21 Under Contract -- -- --
03/03/2021 03/03/21 Off Market $3,000 -- --
02/21/2021 02/21/21 Price Changed $3,000 -7.7% $3 / Sq Ft
01/15/2021 01/15/21 For Rent $3,250 -7.1% --
09/28/2019 09/28/19 Rented $3,500 +2.9% --
09/17/2019 09/17/19 Under Contract -- -- --
09/14/2019 09/14/19 For Rent $3,400 0.0% --
09/04/2019 09/04/19 Off Market $3,400 -- --
08/31/2019 08/31/19 Price Changed $3,400 -6.8% $3 / Sq Ft
08/01/2019 08/01/19 Price Changed $3,650 -5.2% $3 / Sq Ft
07/04/2019 07/04/19 For Rent $3,850 +10.0% --
08/01/2017 08/01/17 Rented $3,500 0.0% --
07/18/2017 07/18/17 Under Contract -- -- --
06/22/2017 06/22/17 Price Changed $3,500 -4.1% $3 / Sq Ft
05/30/2017 05/30/17 For Rent $3,650 0.0% --
05/15/2017 05/15/17 Sold $695,000 +0.9% $625 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $689,000 -- $620 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josephine Chiu

    Landlord's Agent in 2021

    Josephine Chiu

    Compass

    (310) 245-0668

    1 Total Sale

    Josephine Chiu
    Section Image

  • K

    Seller's Agent in 2019

    KC James Dorame

    Allure Capital Management Corp

    Section Image

  • M

    Seller's Agent in 2017

    Mark Feras Rafeh

    Century 21 Hilltop

    Section Image
  • Natsuki Takano

    Buyer's Agent in 2017

    Natsuki Takano

    Person Realty, Inc.

    (310) 985-4334

    1 in this area

    20 Total Sales

    Natsuki Takano
    Section Image
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Map

Source: The MLS

MLS Number: 21-681102

The MLS

APN: 4324-030-072

California Los Angeles County Los Angeles 90024 Westwood

1601 Veteran Ave Unit 201, Los Angeles, CA

Not Listed for Sale

Condos

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