Los Angeles, CA 90025,1253 Federal Ave
Los Angeles, CA 90025,1253 Federal Ave
Los Angeles, CA 90025,1253 Federal Ave
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$2,795,000
Est. payment /mo
12 Beds
12 Baths
7,208 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,208 sqft

Price per Sqft $387

MLS Listing ID 25574355

Bedrooms 12

Year Built 1963

Lot Size 6,540 Sqft

Acres 0.1501

Property Sub-Type Multi-Family

Property Description

Located in Prime West Los Angeles, adjacent to Brentwood, 1253 Federal Avenue is a well-maintained 9-unit multifamily property offering strong current income and long-term upside potential. This is the first time the property has been on the market in over 30 years. Built in 1963, the property features an excellent unit mix consisting of (1) 3-bedroom/2-bathroom unit, (1) 2-bedroom/2-bathroom unit, (1) 2-bedroom/1.5-bathroom unit, (5) 1-bedroom/1-bathroom units, and (1) studio unit. Two units will be delivered vacant at close of escrow, presenting immediate value-add opportunity for investors or owner-users. Recent capital improvements include a completed Earthquake Seismic Retrofit, ensuring long-term structural integrity and compliance with local mandates. The building offers gated entry, on-site parking, and an on-site laundry room. Several units have received interior upgrades over the years, increasing their tenant appeal and rent potential. Strategically situated just minutes from Brentwood, UCLA, Santa Monica, and Century City, 1253 Federal Avenue provides convenient access to West LA's premier lifestyle amenities, top-tier employment centers, and major transit corridors. With its highly desirable location, completed seismic retrofit, strong unit mix, and rare offering status, 1253 Federal Avenue represents a unique opportunity to acquire a stabilized, income-generating asset in one of Los Angeles' most sought-after rental markets.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Electric

Cooling Wall/Window

Equipment None

Exterior

Parking Features Above Street Level, Carport Attached

Garage Spaces 9.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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Kirshner Elkin Properties

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