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1459 Federal Ave

Los Angeles, CA 90025
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 141 Days
  • ID#: 21-762072
Under Contract
UPDATED: 21 min ago
$1,200,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,029
    SQFT
  • $591
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Area:

School Ratings & Info

Description

PRICE REDUCTION! This fourplex is for sale together or separately with 11601 Ohio Ave for $900,000 (APN 4263-019-008), which is a total of $2,100,000. This is a perfect value-add or development play! Up to 9 units may be built there by right or more with the State Density Bonus! The property is comprised of 4 units. The first two units are in a Spanish Duplex with a 1+1 and 2+1 with a beautiful skylight in the bathroom. The other two units, a 1+1 and a studio, are attached to two single car garages. The garages are being used as storage. Property is at a price that cannot be beat! Located near Sawtelle, Westwood, Santa Monica, Brentwood and more. Perfect for commuters! Buyer to verify all information!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-04T23:42:54.483. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.cgluxuryhomesla.com/homes/119418567
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1459 Federal Ave Los Angeles, CA 90025

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 141 Days
  • Updated: 21 min ago
  • ID#: 21-762072
4
Beds
0
Baths
0
½ Baths
0.1
Acres
2,029
SQFT
$591
$/SQFT
1926
Built
Neighborhood:
West L.A.
County:
Los Angeles
Area:
West L.A.
Property Description
PRICE REDUCTION! This fourplex is for sale together or separately with 11601 Ohio Ave for $900,000 (APN 4263-019-008), which is a total of $2,100,000. This is a perfect value-add or development play! Up to 9 units may be built there by right or more with the State Density Bonus! The property is comprised of 4 units. The first two units are in a Spanish Duplex with a 1+1 and 2+1 with a beautiful skylight in the bathroom. The other two units, a 1+1 and a studio, are attached to two single car garages. The garages are being used as storage. Property is at a price that cannot be beat! Located near Sawtelle, Westwood, Santa Monica, Brentwood and more. Perfect for commuters! Buyer to verify all information!
Exterior Features

Cross Streets Ohio Ave. Lot Size Area 4272 Other Structures None Parking Garage Garage Total Parking 2

Interior Features

Baths Total 4.00 Cooling None Equipment None Heating None

Property Features

Assessed Total Value 497586 Gross Income 66276 Gross Operating Income 66276 Like Units1 1 Like Units2 2 Like Units3 1 Net Operating Income 39486.00 Number Of Buildings 2 Number Of Units 4 Owner Pays Water Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 26790 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Michael R. Fukushima DRE#01380445 of Keller Williams Downtown La.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-04T23:42:54.483. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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