2412 Federal Ave
Los Angeles, CA 90064

0.32 Acres 442 Days
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.
  • $0 HOA
  • —/Sqft
  • MLS#16139816 provided by Filip Niculete of Marcus & Millichap
  • Movoto last checked CRMLS for new data 34 minutes ago
  • CRMLS last updated this listing 6 months ago

Property Features for 2412 Federal Avenue, Los Angeles

Lot Size Square Feet: 14059
Price Per Square Foot: 248.95
Parcel Number: 4260034033
Special Listing Conditions: Standard
Standard Status: Active Under Contract
Location
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Property History for 2412 Federal Avenue, Los Angeles

Status
Date
Price
Active
(Under Contract)
Feb 28, 2017
Price Change
Sep 19, 2016
$3,500,000
Listed
Jul 8, 2016
$4,000,000
#16139816

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Real Estate Market Statistics for 2412 Federal Avenue, Los Angeles

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2412 Federal Avenue

No data!
Los Angeles County
Los Angeles
90064
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$3.5M

2412 Federal Avenue

$1.59M

90064

-11% y/y

90064

$975K

Los Angeles

1% y/y

Los Angeles

-

Los Angeles County

- y/y

Los Angeles County

See all trends for Los Angeles
As of , there are 25 properties listed for sale in ZIP code 90064 and 2,032 properties listed for sale in the city of Los Angeles, CA. Those 2,032 properties include 1,436 single family homes and 596 condos. This property at 2412 Federal Ave in 90064 is currently listed for $3,500,000. This is 259% above the median price of $975,000 for Los Angeles and 119% above the median of $1,595,000 for 90064. 2412 Federal Ave is approximately — Sqft, which is 100% below the Los Angeles median of 1,670 and 100% below the 90064 ZIP code median of 2,111. This property's price per square foot is —, which is 100% below the median price in 90064 of $863 and 100% below the Los Angeles median of $602 per square foot.
This land house is located at 2412 Federal Ave. It is listed on 07/08/2016. 2412 Federal Ave is located in the Los Angeles Unified School District. The closest school is Richland Avenue Elementary School.

2412 Federal Ave has been on the market for 442 days. The median days on the market for properties in this area is 40 with a median list price of $975,000 and median cost per square foot of $602. It's currently listed as pending under the MLS #16139816.

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