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 a ten-unit West LA multifamily asset located just south of Santa Monica Boulevard in one of Los Angeles’ most sought-after rental neighborhoods. Situated on a 7,000 square foot R3-zoned lot, the property presents investors with a quintessential value-add opportunity in a location under constant demand by professionals, students, and long-term renters alike.

According to the City of Los Angeles 9A Property Report, the building is legally recognized as a duplex and eight apartment units. However, the property is currently rented and operated as a ten-unit building, and the seller pays RSO registration fees for all ten units. Buyers are advised to perform their own due diligence regarding the total number of legal units and potential path to legalization or reconfiguration.

The building spans approximately 4,872 square feet and features an attractive unit mix that includes two spacious two-bedroom townhome-style units, four one-bedroom units, and four studio units. All ten units are currently rented, with rents significantly below market, offering substantial rental upside for an investor willing to make strategic upgrades. The property is exempt from soft-story seismic retrofit requirements, adding long-term structural and financial convenience for future ownership.

Located in the heart of the Westside, 1411 Federal Ave is walkable to a wide range of retail, restaurant, and nightlife amenities along both Santa Monica and Wilshire Boulevards. Residents benefit from proximity to major employment hubs in Century City, Brentwood, and UCLA, as well as convenient access to public transportation and the I-405 freeway.

With a desirable location, significant rental upside, and favorable unit mix, 1411 Federal Ave offers investors the opportunity to acquire a well-located West LA multifamily property with both in-place income and long-term potential.

10

Number of Units

1933

Year Built

4,872

SF

Square Footage

7,000

SF

Lot Size

LAR3

Zoning

1411 Federal Ave.
Westside / SM / Venice

Offering Price

$2,950,000

Number of Units

10 Units

Price per. Unit

$295,000

Bldg. Size

4,872 SF

Price per Foot

$606

Lot Size

7,000 SF

Year Built

1933

Current CAP

2.92%

Market CAP

6.30%

Zoning

LAR3

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.