3420 Federal Avenue

Property Overview
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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