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2439 Federal Ave, Los Angeles, CA 90064
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2439 Federal Ave Los Angeles, CA 90064

$2,800,000 Sold Price as of 02/04/2021
  • 10 Beds
  • 9 Baths
  • 5,935 Sq.Ft.
Sold
$2,800,000 Sold Price as of 02/04/2021 Refinance Your Mortgage
Map preview of 2439 Federal Ave, Los Angeles, CA 90064

Property Overview: 2439 Federal Ave Los Angeles, CA has 10 bedrooms, 9 bathrooms, 5,935 living square feet and 5,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2017 built fully occupied luxury multi-family investment opportunity in a Prime West L.A. location! $181k in gross annual income! 2439 Federal is a 2017 construction trio of luxury 3-story townhome apartment units. Priced at $480 per gross square foot, the property totals 5,935 gross square feet and sits on a 5,400 SF lot zoned RD 1.5. 2439 Federal is the front detached 3-story unit, boasting 4 bedrooms and 3 bathrooms, totaling over 2,300 square feet, complete with a private side-by-side two car garage, a private front yard, 2 front balconies with views of West LA, Century City and Downtown and washer/dryer in unit. 2441 & 2443 Federal are each 3-story attached townhome units, each featuring 3 bedrooms and 3 bathrooms over 1,800 square feet. Each 3-story townhome is complete with a 2-car garage, private back yards, central A/C & heat, in unit washer/dryer, high ceilings, hardwood floors, custom cabinetry in kitchens and bathrooms and recessed lighting. Awesome investment opportunity!

Listed by Dana Brody | BRE #01429001 | Dana Brody
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 131

Home details

Lot Sq. Ft
5,400
HOA Dues
$0/mo
Year built
2017
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
20631358
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $5,300
  • Total Rent: $5,300
  • Pro Forma/Market Rent: $5,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,785
  • Total Rent: $4,785
  • Pro Forma/Market Rent: $4,785
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,991
  • Total Rent: $4,991
  • Pro Forma/Market Rent: $4,991
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.7
  • Gross Scheduled Income: --
  • Net Operating Income: $123,065
  • Gross Operating Income: $175,485
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 2439 Federal Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Interior Features
  • Levels: Three Or More
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 4260032040
  • Architectural Style: Modern
Location / Neighborhood
Location Information
  • Directions: Pico to Ayres right left, right on Federal
View more facts & features

Local Los Angeles Agent

Sale History for 2439 Federal Ave

Last sold for $2,800,000 on February 4th, 2021

  • February, 2021

  • Feb 4, 2021

    Date

    Sold

    CRMLS: 20631358

    $2,800,000

    Price

  • Jan 20, 2021

    Date

    Pending

    CRMLS: 20631358

    $2,850,000

    Price

  • Jan 4, 2021

    Date

    Price Change

    CRMLS: 20631358

    $2,850,000

    Price

  • Nov 30, 2020

    Date

    Price Change

    CRMLS: 20631358

    $2,998,000

    Price

  • Oct 11, 2020

    Date

    Price Change

    CRMLS: 20631358

    $2,999,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: 20631358

    $3,100,000

    Price

  • February, 2021

  • Feb 4, 2021

    Date

    Sold (Public Records)

    Public Records

    $2,800,000

    Price

  • August, 2018

  • Aug 22, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2439 Federal Ave

Assessed Value (2020): $2,805,000
Year Land Value Improved Value Assessed Value
2020 $1,683,000 $1,122,000 $2,805,000

Home Value Compared to the Market

This property vs the competition

2439 Federal Ave sold on February 4, 2021 for 139.5% 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 $480.2 per/sqft which puts the price per square foot 36.4% lower than the current median sale per square foot for the city of Los Angeles.

About 2439 Federal Ave

Detailed summary of property

2439 Federal Ave is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 10 bedrooms, 9 bathrooms, roughly 5,935 living square feet, and sits on an approximately 5,400 square foot lot. 2439 Federal Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,800,000. 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 139.5% higher than the current median priced home. Local homes that are currently for sale include 3610 Westwood Blvd, 1556 S Beverly Glen Blvd and 3757 Veteran Ave. While the average home in Los Angeles, CA is selling in 92 days, 2439 Federal Ave has a days on market of 131 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2439 Federal Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2439 Federal Ave

Public county record property details
Beds
12
Baths
10
Year built
1949
Sq. Ft.
6,497
Lot Size
5,399
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
314
APN
4260-032-040

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,799,900
Median List Price/Sq.Ft.
$973
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
68
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

Thinking of Selling?

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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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