$2,795,000
PENDING

Estimated payment $17,994/month

Total Views 813
12 Beds
12 Baths
7,208 Sq Ft
$388 Price per Sq Ft

Highlights

  • Attached Carport
  • Heating Available
  • 1-minute walk to Champion Echo Park Manager

About This Home

Located in Prime West Los Angeles, adjacent to Brentwood, 1253 Federal Avenue is a well-maintained 9-unit multifamily property offering strong current income and long-term upside potential. This is the first time the property has been on the market in over 30 years. Built in 1963, the property features an excellent unit mix consisting of (1) 3-bedroom/2-bathroom unit, (1) 2-bedroom/2-bathroom unit, (1) 2-bedroom/1.5-bathroom unit, (5) 1-bedroom/1-bathroom units, and (1) studio unit. Two units will be delivered vacant at close of escrow, presenting immediate value-add opportunity for investors or owner-users. Recent capital improvements include a completed Earthquake Seismic Retrofit, ensuring long-term structural integrity and compliance with local mandates. The building offers gated entry, on-site parking, and an on-site laundry room. Several units have received interior upgrades over the years, increasing their tenant appeal and rent potential. Strategically situated just minutes from Brentwood, UCLA, Santa Monica, and Century City, 1253 Federal Avenue provides convenient access to West LA's premier lifestyle amenities, top-tier employment centers, and major transit corridors. With its highly desirable location, completed seismic retrofit, strong unit mix, and rare offering status, 1253 Federal Avenue represents a unique opportunity to acquire a stabilized, income-generating asset in one of Los Angeles' most sought-after rental markets.

Listing Agent

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 08/05/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,540 Sq Ft Lot

Interior Spaces

  • 7,208 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 9 Parking Spaces
  • Attached Carport
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 9 Units
  • Vacancy Allowance $7,630

Listing and Financial Details

  • Assessor Parcel Number 4263-013-048

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7208
  • Lot Acreage: 0.1501
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 387.76

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Above Street Level, Carport Attached
  • Total Parking: 9

Utilities

  • Cooling: Wall/Window
  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 59.50
  • Assessed Improvement Value: 222791
  • Assessed Land Percent: 40.5
  • Assessed Land Value: 151650
  • Total Assessed Value: 374441
  • Assessor Parcel Number: 4263-013-048
  • Lot Size Area: 6540

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 10.99
  • Number Of Units: 9
  • Total Annual Expense: 87699
  • Type Of Units: 1's 2's & 3
  • Vacancy Allow: 7630
  • Vacancy Rate: 22.22%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $2,795,000 -- $388 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25574355

The MLS