3420 Federal Avenue, Los Angeles, CA 90066

About this property

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.

Listing description from the March 2026 sale, as reported to CRMLS.

Sale history

$2,450,000

Sold March 2026 · listed $2,650,000, on market January 2026 · MLS #25624101 · Source: CRMLS

Listing Agent: Sari Gassner · Listing Office: Coral Tree Real Estate Service · Contact: 310-312-4840 · Bought with: Dominick Faraone · Miller & Desatnik Realty Co.

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