2621 Veteran Avenue

Description

Opportunities like this don't come around often in Rancho Park. You're not just getting a renovated home -- you're getting a fully re-imagined property with two newly built, permitted ADUs that open the door to serious flexibility. Live in one, rent the others. Bring extended family. Create your own Westside compound. It's all here.The ADUs will bring $7,500 in rental income monthly in today's market. That will cover and offset the mortgage by about $1.4MM, bringing your out-of-pocket mortgage to around $1.6-$1.7MM -- a very competitive price for an income-producing property in this desirable neighborhood.The main house was renovated about a year and a half ago, and it shows. The layout just makes sense: 3 bedrooms, 2 updated bathrooms, a true galley kitchen, and a large dining room with a pass-through and counter seating that keeps everyone connected.Outside, there's smooth new stucco, a new roof, new rain gutters, all new dual-pane windows, and every interior and exterior door replaced. The landscaping and irrigation are new as well, so the exterior feels just as dialed in as the interior. Major infrastructure was addressed too, including the installation of a brand-new sewer line in 2025 -- not a glamorous upgrade, but one you'll be glad is already done.Inside, the finishes are clean and cohesive -- new flooring throughout, quartz countertops in the kitchen, bathrooms, and even the dining area, recessed lighting, and new kitchen appliances. Mini-split systems provide zoned heating and air conditioning, and there's both a wood-burning and gas fireplace for those cooler nights. Even the details were considered, including a ventless dryer setup.Then there are the two ADUs -- both newly constructed with private entrances and their own addresses.The downstairs ADU (approx. 656 sq ft) offers 2 bedrooms and 1.5 bathrooms, including a spacious double walk-in shower. The kitchen is fully equipped with a gas stove, microwave, dishwasher, and refrigerator, and it includes its own brand-new washer and dryer. A sliding glass door opens to private outdoor space, while mini-split heating and cooling keep it comfortable year-round.Upstairs (approx. 609 sq ft), the 1-bedroom ADU has its own personality. There's a large covered patio (an additional 100 sq ft) that feels like an extension of the living space -- a great spot to unwind or start the day. Inside, you'll find another double walk-in shower, a full kitchen with new appliances, dedicated laundry, and its own mini-split system.Both ADUs feature dual-pane windows and individual meters for electricity and water.The location ties it all together -- close to Metro access, UCLA, and everything that makes Rancho Park and the Westside so desirable, while still feeling residential and tucked in.If you've been looking for a property that gives you options -- rental income, multi-generational living, or simply more flexibility in how you use your space -- this one deserves a serious look.