$3,500,000 2412 Federal Avenue Los Angeles, CA

MLS: 16139816   Type: Land   County: Los Angeles   City: Los Angeles   Area: West Los Angeles   Zip: 90064  

Mortgage $16,432 /mo



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We are pleased to present the opportunity to acquire 2412 Federal Avenue, a transitoriented, urban infill, LA R3-1 zoned property with 13,940 SF Lot, containing a 4,856 SF building comprised of 4Units Multi family use and Office Space subject to Rent Control Stabilization Ordinance, located within steps to thenew Expo Train Station in West LA. Built in 1949, currently with below market rents, this property represents a uniqueopportunity to acquire a development / value add asset firmly in the path of progress. Tremendous upside in rentalincome and/or a great opportunity to develop a multi-family property near the new Exposition train line and theburgeoning local economy surrounding it. Great opportunity in the extremely sought-after West Los Angeles real estatemarket that typically has very high barriers to entry.

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Price History

7/8/2016 Listed $4,000,000
9/19/2016 13% - $3,500,000

Association Fee 0
Listagentstatelicense 01905352
Listing Agent Filip Niculete - BRE#01905352
Listing Agent First Name Filip
Listing Agent Last Name Niculete
Mlsareamajor WLA - West Los Angeles
Speciallistingconditions Standard
Zoning LAR3

Exterior Features

Lotsizesquarefeet 14059.00
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Viewyn 1

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Property vs Zip Code Avg (90064)

Price 3.50M Avg 3.50M

Visits 72 Avg 37

Days on Site 192 Avg 192

Walkscore® 82 Avg 82

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Listing Provided Courtesy Of: Filip Niculete with Marcus & Millichap.

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Location & Address

eXp Realty California

Escondido, CA