
Closed Listing
10 Units in Prime West LA w/ 60% Upside in Rents
1411 federal ave
sold in
Brentwood
Sold At
$
2,950,000
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.
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
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$295,000
Price p/ Sq. ft.
$606
Proforma Cap Rate
6.30%




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