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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.
|Days on Market||314|
|Lot Size (SQFT)||14,059 SQFT|
|Source of Lot Size||Vendor Enhanced|