3420 Federal Avenue, Los Angeles, CA 90066
- $2,450,000
- 14
- BD
- 10
- BA
- 7,020
- SqFt
- Sold Price
- $2,450,000
- List Price
- $2,650,000
- Closing Date
- Mar 13, 2026
- Status
- CLOSED
- MLS#
- 25624101
- Year Built
- 1955
- Bedrooms
- 14
- Bathrooms
- 10
- Living Sq. Ft
- 7,020
- Lot Size
- 8,949
- Acres
- 0.21
- Lot Location
- Lawn
- Days on Market
- 32
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- One Level
Property Description
CURRENT RENT ROLLS FOR 2026 IS $19,858 PER MONTH which translates to an 11.15 GRM. Clean 10 unit building in quiet residential area. Very well located in prime Palms/Mar Vista area. With (6 )1 bed/1 bath and (4) 2bed/1bath, this building offers a unique investment opportunity with an excellent unit mix and rental revenue upside potential. Unlike most apartment buildings, location is quiet and serene. Building is zoned LAR 1. It has operated as an apartment building for the past 70 years. Buyer acknowledges responsibility for conducting their own zoning investigation and agrees to rely solely on the results thereof. Listing Brokers have small equity position in the property.
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Additional Information
- Appliances
- Disposal, Refrigerator
- Pool Description
- None
- Cooling Description
- None
- Exterior Construction
- Stucco
- Sewer
- Other, Sewer Tap Paid
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
Listing courtesy of Listing Agent: Sari Gassner (sarisellshomes@gmail.com) from Listing Office: Coral Tree Real Estate Service.
Listing sold by Dominick Faraone from Miller & Desatnik Realty Co.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.