Multifamily

2439 Federal Ave

2439 Federal Ave, Los Angeles, CA 90064

Listing Price: $2,850,000

Cap Rate
4.32%
Number of Units
3
Price/Unit
$950,000
Price/Gross SF
$480.20
Gross SF
5,935

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2439 Federal (“The Property”), a trio of new construction townhomes located in a prime West Los Angeles location. 2439 Federal, built in 2017, is a three unit luxury multi-family asset situated within walking distance to the Expo line Bundy Station, as well as many fine dining and shopping destinations. Totaling nearly 6,000 SF of interior living space, these units boast all the luxuries of a high end construction home, making them extremely desirable to tenants looking for an elevated living experience in a small community setting. 2439 Federal is comprised of three 3-story townhouse style units – the front unit is a 4+3 totaling over 2,300 square feet, complete with a 2 car garage, private front yard and two balconies off of the front offering excellent views to Century City. Situated just behind a common driveway, a side by side duplex holds two 3+3 units totaling over 1,800 SF each, complete with 2 car tandem garages and private yards at the rear of the property. 2439 Federal is an excellent investment opportunity for a Buyer looking to acquire new construction luxury units with a stable income stream with the potential to be significantly increased upon releasing of the units. Rents for similar units are significantly higher, showing that there is significant upside with this units with no capital improvements needed due to the fact that the building is just a couple years old.

Investment Highlights

  • Beautifully Appointed Three-Story Townhome Units – One Detached 4+3 totaling over 2,300 SF and two side by side 3+3 totaling over 1,800 SF
  • 2017 Clean-Line "Modern Organic" Construction
  • Three-Story High-End Luxury Residential Units in Prime West L.A. Location
  • Walking distance to Expo Line – Bundy Station
  • Minutes to Santa Monica, Beverly Hills and Century City
  • Easy Access to 10 and 405 Freeways

Exclusively Listed By

Listing Price: $2,850,000

Cap Rate
4.32%
Number of Units
3
Price/Unit
$950,000
Price/Gross SF
$480.20
Gross SF
5,935

Investment Highlights

  • Beautifully Appointed Three-Story Townhome Units – One Detached 4+3 totaling over 2,300 SF and two side by side 3+3 totaling over 1,800 SF
  • 2017 Clean-Line "Modern Organic" Construction
  • Three-Story High-End Luxury Residential Units in Prime West L.A. Location
  • Walking distance to Expo Line – Bundy Station
  • Minutes to Santa Monica, Beverly Hills and Century City
  • Easy Access to 10 and 405 Freeways

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2439 Federal (“The Property”), a trio of new construction townhomes located in a prime West Los Angeles location. 2439 Federal, built in 2017, is a three unit luxury multi-family asset situated within walking distance to the Expo line Bundy Station, as well as many fine dining and shopping destinations. Totaling nearly 6,000 SF of interior living space, these units boast all the luxuries of a high end construction home, making them extremely desirable to tenants looking for an elevated living experience in a small community setting. 2439 Federal is comprised of three 3-story townhouse style units – the front unit is a 4+3 totaling over 2,300 square feet, complete with a 2 car garage, private front yard and two balconies off of the front offering excellent views to Century City. Situated just behind a common driveway, a side by side duplex holds two 3+3 units totaling over 1,800 SF each, complete with 2 car tandem garages and private yards at the rear of the property. 2439 Federal is an excellent investment opportunity for a Buyer looking to acquire new construction luxury units with a stable income stream with the potential to be significantly increased upon releasing of the units. Rents for similar units are significantly higher, showing that there is significant upside with this units with no capital improvements needed due to the fact that the building is just a couple years old.

Exclusively Listed By

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