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1666 Federal Ave
Los Angeles, CA 90025 West Los Angeles

$4,600,000 USD

Apartments For Sale  •  13,302 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,302 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 4.87 %
  • Zoning LAR3
61 Transit Score
76 Walk Score

Highlights

Generational Asset offered for sale by the family of the original developer, presenting a rare opportunity to acquire a legacy property in West LA
Unique chance to own 18-units in the highly sought-after West LA submarket, where properties of this scale are seldom available
Tremendous West LA location

Property Flyers

Financial Summary (Actual)

Net Operating Income: $224,229 USD (2024)
Cap Rate: 4.87 %
Total Expenses: $152,545 USD

Major Tenants

Tenant SF Occupied Lease End Date
LBPM- 1666 Federal Ave

Amenities

  • Heating
  • Kitchen
  • Range

Public Transportation

AirportDriveWalkDistance
Los Angeles International 17 min - 9.5 mi
Bob Hope 28 min - 18.1 mi
Long Beach (Daugherty Field) 35 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jeff Louks 310-941-5899 Marcus & Millichap
Jeff Louks 310-941-5899 Marcus & Millichap