2439 Federal Avenue, Los Angeles
Dare to compare one of the least expensive designer done triplexes on the entire Westside in an excellent location close to Santa Monica, the new Expo light rail line, and UCLA. The private and remodeled "owner's unit" features a Caesarstone kitchen, stainless appliances, washer/dryer in unit and architectural bath, while two original units occupied by long term tenants provide plenty of upside potential. New drought tolerant landscaping, a new driveway, copper plumbing, upgraded electrical, and dual pane windows add to the worry-free enjoyment, while LARD1.5 zoning will allow for the construction of up to 3 units (verify with city) on this 45'x120' parcel. If you have been looking for the perfect starter income property to live in and have your mortgage partially subsidized by stable tenants or an outstanding development opportunity in a primo locale, then look no further. Price and location combined!
3 - 1bed+1 bath units
1541 building square footage
5400 lot square footage
Offered at $1,049,000