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1924 Federal Ave, Los Angeles, CA 90025
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1924 Federal Ave Los Angeles, CA 90025

$1,200,000 Sold Price as of 08/18/2023
  • 2 Beds
  • 1 Baths
  • 884 Sq.Ft.
Sold
$1,200,000 Sold Price as of 08/18/2023 Refinance Your Mortgage
Map preview of 1924 Federal Ave, Los Angeles, CA 90025

Property Overview: 1924 Federal Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 884 living square feet and 6,097 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This unique property presents a one-of-a-kind investment opportunity in the heart of Los Angeles. Nestled in the thriving neighborhood of West LA, this LAR2 zoned lot spans 6,100 sq. ft. (41' x 149'), providing ample space for development. Currently hosting an 884+ sq. ft. cozy 2-bedroom, 1-bath house with private garage, and the property already generates a steady income of $3,200/month from a long-term, month-to-month tenant. This tenant, a single individual, has been living in the house for many years, offering a reliable source of income as you plan your next steps. Unleash the Potential: The LAR2 zoning opens up a world of possibilities. Construct a multi-unit residential building or two separate single-family homes - it's your canvas to paint your real estate masterpiece. This is a perfect opportunity for builders and developers seeking to invest in LA's booming property market and build mulit units, or for homeowners looking to create their dream home and perhaps a secondary rental unit.Location, Location, Location: The property is situated in an extremely desirable area, conveniently close to shops, restaurants, and schools. Just blocks to hip Sawtelle's Japan Town restaurants and cafe's. / This bustling locale offers the vibrancy of city living combined with the charm of a neighborhood community. Don't miss out on this opportunity to secure a property with limitless potential in one of LA's most sought-after neighborhoods. Whether you're an investor, developer, or future homeowner, this property is set to provide a significant return on investment.1924 Federal Avenue is not just a property; it's an opportunity. Turn it into your success story. Contact us today to learn more about this exceptional property and to arrange a viewing. This opportunity won't last long, so act now to secure your piece of LA's future. Invest in the future, invest in 1924 Federal Avenue. Please do not disturb tenant. In unit with accepted offer only, but can coordinate times to walk lot. Tenant will NOT comply with Tenant Income Certification for the SB8 Exemption.

Listed by Brian Maser | BRE #01340306 | The Condo Experts
Last checked: 14 minutes ago | Last updated: August 18th, 2023 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,097
HOA Dues
$0/mo
Year built
1941
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
23269633
City
Los Angeles
County
Los Angeles
Time on Site
341 days

Property Details for 1924 Federal Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Side by Side, Private, Garage - Two Door
  • No Attached Garage
Property Information
  • Has View
  • View: City Lights, Trees/Woods, Mountain(s)
  • Common Walls: No Common Walls
  • Parcel Number: 4261026008
  • Architectural Style: Bungalow
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just North of Olympic Blvd, South of Santa Monica Blvd, East of Barrington and West of Sawtelle.
View more facts & features

Local Los Angeles Agent

Sale History for 1924 Federal Ave

Last sold for $1,200,000 on August 18th, 2023

  • August, 2023

  • Aug 18, 2023

    Date

    Sold

    CRMLS: 23269633

    $1,200,000

    Price

  • May 18, 2023

    Date

    Active

    CRMLS: 23269633

    $1,399,000

    Price

Tax History for 1924 Federal Ave

Assessed Value (2020): $204,885
Year Land Value Improved Value Assessed Value
2020 $160,019 $44,866 $204,885

Home Value Compared to the Market

This property vs the competition

1924 Federal Ave sold on August 18, 2023 for 17.56% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1582.58 per/sqft which puts the price per square foot 109.61% higher than the current median sale per square foot for the city of Los Angeles.

About 1924 Federal Ave

Detailed summary of property

1924 Federal Ave is a single family home that recently sold in Los Angeles, CA 90025. This house offered 2 bedrooms, 1 bathrooms, roughly 884 living square feet, and sits on an approximately 6,097 square foot lot. 1924 Federal Ave was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $1,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.56% higher than the current median priced home. Local homes that are currently for sale include 2473 Armacost Ave, 1840 Camden Ave #205 and 2237 S Bentley Ave #302. While the average home in Los Angeles, CA is selling in 93 days, 1924 Federal Ave has a days on market of 18 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1924 Federal Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1924 Federal Ave

Public county record property details
Beds
2
Baths
1
Year built
1941
Sq. Ft.
884
Lot Size
6,097
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
4261-026-008

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,149,000
Median List Price/Sq.Ft.
$743
Median Sold Price
$1,100,935
Median Sold Price/Sq.Ft.
$698
Total Inventory
108
Median Sale to List Price %
104.95%
Avg Days on Market
32
Loan Type
Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1924 Federal Ave

1909 Federal Ave, Los Angeles, CA 90025
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1 Baths
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1909 Federal Ave
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1912 Federal Ave, Los Angeles, CA 90025
$1,269,000 Last Sold Price
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1912 Federal Ave
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11584 Missouri Ave, Los Angeles, CA 90025
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3 Beds
2 Baths
1264 Sq.Ft.
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1949 Federal Ave, Los Angeles, CA 90025
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5 Beds
0 Baths
3648 Sq.Ft.
1949 Federal Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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