540 Kelton Avenue 502, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
ACTIVE$849,995
540 Kelton Avenue 502, Los Angeles, California 90024
2Beds
3Baths
1,191Sqft
15,350Lot
Year Built
1964
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$714
HOA
$668
Days on market
-
Sold On
-
MLS number
PW25160256
Home ConditionFair
Features
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $850.0K(33th), sqft - 1191(28th), beds - 2(50th), baths - 3(50th).
Welcome to 540 Kelton #502, a spacious 2 bed, 2.5 bath condo in a prime Westwood location. This bright and airy unit features two generously sized bedrooms, each with its own en suite bathroom, plus an additional powder room for guests. Enjoy the convenience of in-unit laundry hookups, one assigned parking space, and fresh interior paint throughout. This unit includes a secure parking space in the secure parking garage. Community amenities include a pool, elevator, and secure access to the building. Conveniently located close to UCLA, restaurants, shops, the 405 freeway, and more.
Nearby schools
9/10
Warner Avenue Elementary School
Public,•K-5•1.1mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•1.4mi
7/10
Nora Sterry Elementary School
Public,•K-5•1.6mi
5/10
Brentwood Science School
Public,•K-5•1.7mi
8/10
El Rodeo Elementary School
Public,•K-8•2.2mi
3/10
Daniel Webster Middle School
Public,•6-8•2.8mi
6/10
University Senior High School
Public,•9-12•1.6mi
6/10
University Senior High School Charter
Public,•9-12•1.6mi
9/10
Beverly Hills High School
Public,•9-12•2.5mi
Price History
Date
Event
Price
08/01/25
$849,995
04/24/18
Sold
$750,000
11/15/04
Sold
$465,000
01/10/03
Sold
$315,000
Condition Rating
Fair
The property, built in 1964, has received recent cosmetic updates such as fresh interior paint and new laminate flooring in the main living areas, making it presentable. However, the kitchen features older-style white cabinets, dated granite countertops, a mix of newer (microwave, dishwasher) and older (range, refrigerator) appliances, and very dated fluorescent lighting and tile flooring. The bathrooms also exhibit dated tile flooring, older pedestal sinks, and functional but not modern fixtures and lighting. While move-in ready, the kitchen and bathrooms show clear signs of being outdated and would likely require significant updates to meet current aesthetic standards.
Pros & Cons
Pros
Prime Westwood Location: The condo is situated in a highly desirable Westwood neighborhood, offering convenient access to UCLA, diverse restaurants, shopping centers, and the 405 freeway, enhancing its appeal and potential for appreciation.
Functional & Private Layout: Features a well-designed 2-bedroom, 2.5-bathroom layout where each generously sized bedroom includes its own en-suite bathroom, complemented by an additional powder room for guests, providing excellent privacy and convenience.
Desirable Community Amenities: Residents benefit from valuable community amenities such as a swimming pool, elevator access, and secure building entry, contributing to a comfortable and convenient lifestyle.
Key In-Unit Conveniences: The unit offers practical features including in-unit laundry hookups, fresh interior paint for a move-in ready condition, and a secure assigned parking space, adding significant value and ease of living.
Enhanced Security: The property provides secure access to the building and a secure parking garage, offering residents peace of mind and an added layer of safety.
Cons
High Monthly HOA Dues: The association fee of $668.0 per month is substantial and will significantly add to the overall monthly housing expenses, which could be a deterrent for some buyers.
Building Age: Constructed in 1964, the building is older, which may imply potential for aging infrastructure, higher maintenance costs over time, or a need for future capital improvements compared to newer constructions.
Limited Parking: The unit includes only one assigned parking space, which could be insufficient for a 2-bedroom residence, particularly in a car-centric city like Los Angeles, potentially causing inconvenience for multi-car households or guests.