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1411 Federal Avenue
Los Angeles, CA 90025
Sold
1411 Federal Avenue
Los Angeles, CA 90025
Sold
1411 Federal Ave. is an extremely well located 10 unit multi-family property in LA's prestigious Westside neighborhood. Currently, the property is being rented and operated as a 10 unit building, and the Seller pays RSO registration fees for all 10 units. The City of Los Angeles, Report of Residential Property Records (9A Report) states that the property consists of a duplex and 8 apartment units. Buyer to conduct their own due diligence and investigations into the number of legal units. The property has an excellent unit mix of (2) 2 BR + 1 Bath townhome style units, (4) 1 BR + 1 Bath & (4) single units. All rents are below market creating a "quintessential" value-add opportunity. Total building square footage is approximately 4,872 SqFt. and the property is situated on a 7.000 Sq.Ft lot zoned R3. No seismic soft story retrofit work is required for the parking structure. A quick walk to the high-end dining and nightlife on Santa Monica Boulevard & Wilshire Boulevard, this rare offering presents an astute investor with the unique opportunity to establish a nice rental footprint in West LA and to capitalize on higher market rents in one of the best rental locations in all of Los Angeles
PROPERTY INFORMATION
| MLS # | 23267149 | Lot Size | 7,000 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,050,000
Price Per SqFt: $ 421 |
DOM | 728 Days |
| Address | 1411 Federal Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,872 Sq. Ft. |
| Postal Code | 90025 | Garage | N/A |
| County | Los Angeles | Year Built | 1933 |
| Bed / Bath | 12 / 0 | Parking | 10 |
| Built In | 1933 | Status | Closed |
| Sold Date | 2023-06-21 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,187
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/05/2023 | Listed | $2,050,000 |
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Listing provided courtesy of Errol Spiro, Miller & Desatnik Realty Co.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
