1629 Veteran Ave

Sold It Twice in 12 Months. $875K Profit.

April 2017: we sold 1629 Veteran Ave for $4.625M. April 2018: we sold the exact same building for $5.5M. The buyer from the first deal held for twelve months and walked away with $875,000. That's an 18.9% return in a year. Westwood was moving fast, and the owner knew when to take the win. They called us both times.

Transaction Highlights

• $4.625M in 2017. $5.5M in 2018. Same building. Same broker.
• $875K gain in twelve months. 18.9% return.
• The 2017 buyer came back to us when it was time to sell
• $550K per door in Westwood, one block from UCLA