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$2,795,000
Est. payment /mo
12 Beds
12 Baths
7,208 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,208 sqft
Price per Sqft $387
MLS Listing ID 25574355
Bedrooms 12
HOA Y/N No
Year Built 1963
Lot Size 6,538 Sqft
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 Wla - West Los Angeles
Zoning LAR4
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Attached Carport, Driveway Down Slope From Street
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4263013048
Special Listing Condition Standard
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Listed by Michael Monempour Lyon Stahl Investment Real Estate, Inc.
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