A two-story multifamily building at 1411 federal ave, with a white exterior, surrounded by greenery and a parked car.

Closed Listing

10 Units in Prime West LA w/ 60% Upside in Rents

1411 federal ave

sold in

Brentwood

10

Number of Units

1933

Year Built

4,872

SF

Square Footage

7,000

SF

Lot Size

LAR3

Zoning

1411 Federal Ave, Los Angeles, CA 90025

About the Property

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.

10

Number of Units

1933

Year Built

4,872

SF

Square Footage

7,000

SF

Lot Size

LAR3

Zoning

Price P/ Unit

$295,000

Price p/ Sq. ft.

$606

Proforma Cap Rate

6.30%

Contact

Sales agent

A white car parked on a street in front of a two-story multifamily building at 1411 federal ave, under a clear blue sky.
A white car parked on a street in front of a two-story multifamily building at 1411 federal ave, under a clear blue sky.
A white car parked on a street in front of a two-story multifamily building at 1411 federal ave, under a clear blue sky.
A white car parked on a street in front of a two-story multifamily building at 1411 federal ave, under a clear blue sky.
A sunny outdoor patio area at 1411 federal ave, with tables, chairs, and greenery, adjacent to apartment unit entrances.
A sunny outdoor patio area at 1411 federal ave, with tables, chairs, and greenery, adjacent to apartment unit entrances.
A sunny outdoor patio area at 1411 federal ave, with tables, chairs, and greenery, adjacent to apartment unit entrances.
A sunny outdoor patio area at 1411 federal ave, with tables, chairs, and greenery, adjacent to apartment unit entrances.
A sunny courtyard at 1411 federal ave, with plants and pathways, leading to a white building with balconies.
A sunny courtyard at 1411 federal ave, with plants and pathways, leading to a white building with balconies.
A sunny courtyard at 1411 federal ave, with plants and pathways, leading to a white building with balconies.
A sunny courtyard at 1411 federal ave, with plants and pathways, leading to a white building with balconies.
A two-car garage at 1411 federal ave, with white doors under a light tan roof, surrounded by green grass.
A two-car garage at 1411 federal ave, with white doors under a light tan roof, surrounded by green grass.
A two-car garage at 1411 federal ave, with white doors under a light tan roof, surrounded by green grass.
A two-car garage at 1411 federal ave, with white doors under a light tan roof, surrounded by green grass.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.