1 month on rocket

1503 Federal Ave, Los Angeles, CA, 90025

$1,949,995

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1503 Federal Ave, Los Angeles$1,949,995

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage3 spaces
Year Built1961
HeatingOther
CoolingWall/Window Unit(s)
FireplaceNone
ViewCity Lights, Other, Neighborhood
MLS #DW24209835
Lot Size0.09 Acres
StatusActive

About 1503 Federal Ave

Here's your opportunity to own a recently renovated 3 UNIT building that has consistent income production. Location, Location, Location! Conveniently located on the Westside close to everything you want or need. Centrally located between Santa Monica and Century City, offering the ultimate blend of modern living and convenience. Just minutes from the iconic Santa Monica Pier and beaches, this property is surrounded by top-tier restaurants, shopping, and excellent schools. With thoughtfully designed, functional spaces and strong rental income potential, it’s perfect for professionals or families seeking the best of LA living. Don’t miss out on this rare opportunity in one of the city’s most sought-after neighborhoods! This property features (1) 2bed/1bath and (2) 1bed/1bath.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 2

Listing Office:

  • Office Name: Pillar Realty
  • Office Phone: (562) 243-3802
  • Listing Agent: Jonathan Calderon

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood
  • Flooring Type: Laminate
  • Interior: Balcony, Stone Counters, Recessed Lighting, Bedroom on Main Level, Main Level Primary
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Other, Neighborhood

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot: Close to Clubhouse, Front Yard
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Santa Monica Blvd to Federal

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,949,995

Tax Information:

  • Annual Amount: $3,135
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1503 Federal Ave vs Los Angeles

47 DAYS ON ROCKET

+9 Days

$1,949,995

+$928.4K More

KEY TAKEAWAY

This property is $928.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24209835

Listing Office:

  • Office Name: Pillar Realty
  • Office Phone: (562) 243-3802
  • Listing Agent: Jonathan Calderon

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,135$230,724
2020$3,050$228,359
2019$2,977$223,882
2018$2,920$219,493
2017$2,920$215,190

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-80938
6
/10

  • Nora Sterry Elementary School

  • 1730 Corinth Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-80939
6
/10

  • Brockton Avenue Elementary

  • 1309 Armacost Ave

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-80940
6
/10

  • Brentwood Science Magnet

  • 740 S Gretna Green Way

  • 1.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,912. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90025›1503 Federal Ave

This home is located at 1503 Federal Ave in Los Angeles, CA and zip code 90025 in the Sawtelle neighborhood. This home, which was built in 1961, sits on a 0.09 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $1,949,995.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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