Multifamily Housing
1411 Federal Avenue Los Angeles, CA 90025
Details & Description
Price: $3,195,000
    Property Highlights
    Listing Agents
    Jesse Mckenzie

    O: 213-747-4156
    M: 714-883-6875
    jesse@majorproperties.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1411 Federal Avenue

    Los Angeles, CA 90025

    Listing ID: 261002
    1411 Federal Avenue Los Angeles, CA 90025 | for Sale | Photo 1
    Building Size: 4,872 SF
    Lot Size: 0.161 AC
    Land Size: 7,000 SF
    Building $/SF: $655.79
    Land $/SF: $456.43
    Price
    $3,195,000
    Property Highlights
    Price reduced
    2-story, 10-unit apartment building
    Ideal for rehabilitation
    Just 2 blocks south of Metro Purple Line subway extension at Wilshire Blvd and Federal Ave under construction
    Two 2-bedroom units four 1-bedroom units four single units all units have one bathroom
    Property is in excellent condition
    Parking for 10 vehicles
    Under market rents fantastic upside potential
    Prime westside location just north of Santa Monica Blvd and two block east of Barrington Ave
    Adjacent to Brentwood, Westwood and Santa Monica
    Current actual $81,844 net annual income 2.56 cap rate
    Pro forma $179,714 net annual income market rates 5.62 cap rate
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Multifamily Housing for Sale

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    Los Angeles Area Market Trends

    Listing Demographics for 1411 Federal Avenue Los Angeles, CA 90025

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population53,780261,139557,872
    Population Median Age383940
    Population by Age0-9 Yrs3785 (7%)22350 (8%)49008 (8%)
    10-19 Yrs2322 (4%)28531 (10%)53288 (9%)
    20-29 Yrs14587 (27%)54952 (21%)100185 (17%)
    30-39 Yrs13538 (25%)43635 (16%)99384 (17%)
    40-49 Yrs6680 (12%)30844 (11%)74224 (13%)
    50-59 Yrs4160 (7%)27374 (10%)64395 (11%)
    60-69 Yrs4427 (8%)24488 (9%)56109 (10%)
    70+ Yrs4281 (7%)28964 (11%)61279 (10%)
    Median HH Income$88,347$93,881$93,368
    Total Household Income< 24K4235 (16%)18636 (16%)39600 (15%)
    25-49K3648 (13%)14591 (12%)33045 (13%)
    50-74K3482 (13%)13697 (12%)31341 (12%)
    75-99K3424 (12%)12459 (11%)29519 (11%)
    100-199K7756 (29%)29745 (26%)66547 (26%)
    200K+3841 (14%)23541 (20%)51300 (20%)
    Highest Education LevelNo Diploma2734895725621
    Diploma or GED33541479238380
    Some College52302448761874
    Assoc. Degree1861838319079
    Bachelors Degree1795969734152353
    Higher Degree1148757122116483
    Total Housing Units28,033124,886281,046
    --Owner-Occupied5,90540,97389,068
    --Renter-Occupied20,48271,697162,284
    Owner-Occupied Values< 100K996211414
    100-199K57316696
    200-299K93320919
    300-399K514361537
    400-499K27610282514
    500K+53293825381989
    Total Working Age Population48,754227,431481,937
    In Work Force36,372147,820328,147
    Not In Work Force12,38279,612153,790
    Workforce Employed34,540139,811311,637
    Workforce Unemployed1,7227,84316,264
    Civlian Workforce36,262147,655327,901
    Military Workforce110165246
    Total Households26,387112,669251,352
    Family Households9,18149,902113,216
    Non-Family Households17,20562,767138,137
    Married Couple6,65739,40588,049
    Other Family2,52510,49825,166
    Married w/Child2,43015,55734,555
    Single Male w/Child3081,2993,149
    Single Female w/Child5683,2337,237

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1411 Federal Avenue in Los Angeles?
    The asking price for 1411 Federal Avenue is $3,195,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 1411 Federal Avenue in Los Angeles is 4,872 square feet
    How much land does the Los Angeles, CA property at 1411 Federal Avenue include?
    1411 Federal Avenue in Los Angeles includes 0.161 acres of land
    What is the population within 1 mile of 1411 Federal Avenue in Los Angeles?
    The population within 1 mile of 1411 Federal Avenue Los Angeles, CA 90025 is 53,780 people.
    Who do I contact for questions about 1411 Federal Avenue?
    You should contact the listing agent, Jesse Mckenzie, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 8
    John Wayne Airport-Orange County Airport (SNA) 42
    Ontario International Airport (ONT) 49
    Price
    $3,195,000
    Listing Agent
    More listings from Jesse Mckenzie
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