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1411 Federal Ave
Los Angeles, CA 90025
10 Units w/ Approx. 60% Upside in West LA · Multifamily Property For Sale
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10 Units
Investment Highlights
- 10 Units in a PRIME West LA Location with approx. 60% upside in rents
- Excellent unit mix, comprised of (2) 2-bdrm. units, (4) one-bdrm. units and (4) studio units
- Pro-forma NOI $180,556 with a pro-forma CAP rate of 5.65%
- 2 blocks South of METRO Purple Line @ Wilshire Blvd. and Federal Ave. (est. completion by 2027)
- Tremendous value-add opportunity, approx. 60% upside in rents
- Minutes from Brentwood, Santa Monica, Westwood and Century City
Property Facts
| No. Units | 10 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,872 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1933 |
| Zoning | LAR3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,872 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1933 |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,273 | - |
| 1+1 | 4 | $1,281 | - |
| Studios | 4 | $1,142 | - |
Property Taxes
| Parcel Number | 4263-019-028 | Improvements Assessment | $1,352,520 |
| Land Assessment | $859,370 | Total Assessment | $2,211,890 |
Property Taxes
Parcel Number
4263-019-028
Land Assessment
$859,370
Improvements Assessment
$1,352,520
Total Assessment
$2,211,890
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