OPEN HOUSE: Thursday, July 24th | 11:00 AM - 2:00 PM
Property website with OM, rent roll and proforma: https://properties.berkadia.com/406-veteran-avenue-242568/p/1
We are excited to exclusively offer for sale 406 Veteran Avenue, a 15-unit apartment community located in the heart of Westwood, California, just one building away from the UCLA Campus, and walking distance to the shops, restaurants, and entertainment of Westwood Village. Built in 1963, the 12,744+/- SF building sits on a 7,471+/- SF lot and features an attractive unit mix of 9 one-bedrooms and 6 two-bedrooms. The subject property has been lovingly cared for by the family of the original developer for over 50 years. 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.