2533 Federal Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 4 bed, 3 bath
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2533 Federal Avenue
Los Angeles, California 90064
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,670Sq Ft
5,400Lot Size
Property Price
LIST PRICE$1,600,000
EST. MARKET VALUE
$1,528,131
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,600,000—positioned well below the $1,528,132 Fair Market Value by -4%. While the home carries a Fair Condition Rating and requires renovation, the inclusion of a 600+ sqft Detached ADU provides significant utility for rental income or multi-generational living. Located in the North Westdale neighborhood, this asset offers strong long-term appreciation potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a value-add property in a prime Westside location.
Estimated Market Value
$1,528,131
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2533 Federal Avenue Subject 4 bd · 3 ba · 1,670 sqft · $915 | $1,600,000* List Price | 4 | 3 | 1,670 | $915 | - |
A 2808 Ceilhunt Avenue Sold 3 bd · 2 ba · 1,776 sqft · $946 · 0.4 mi | $1,680,780 | 3 | 2 | 1,776 | $946 | 0.4 mi |
B 2621 Military Avenue Sold 3 bd · 3 ba · 1,532 sqft · $924 · 0.7 mi | $1,416,000 | 3 | 3 | 1,532 | $924 | 0.7 mi |
C 2489 Wellesley Avenue Sold 3 bd · 2 ba · 1,328 sqft · $1,167 · 0.5 mi | $1,550,000 | 3 | 2 | 1,328 | $1,167 | 0.5 mi |
D 2211 Amherst Sold 3 bd · 2 ba · 1,492 sqft · $838 · 0.7 mi | $1,250,000 | 3 | 2 | 1,492 | $838 | 0.7 mi |
E 2600 Kelton Avenue Sold 3 bd · 2 ba · 1,309 sqft · $1,154 · 1.0 mi | $1,510,000 | 3 | 2 | 1,309 | $1,154 | 1.0 mi |
F 2816 S Bentley Avenue Sold 3 bd · 2 ba · 1,443 sqft · $915 · 0.7 mi | $1,320,000 | 3 | 2 | 1,443 | $915 | 0.7 mi |
G 12024 National Boulevard Sold 3 bd · 1 ba · 1,158 sqft · $1,231 · 0.6 mi | $1,425,000 | 3 | 1 | 1,158 | $1,231 | 0.6 mi |
H 2723 Coolidge Avenue Pending 3 bd · 1 ba · 1,253 sqft · $1,108 · 0.3 mi | $1,388,000 List Price | 3 | 1 | 1,253 | $1,108 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1941, the property shows signs of renovations that are likely over 20 years old. While the hardwood floors and vaulted ceilings are in decent condition, the kitchenette is dated with basic cabinetry, the exterior decking is significantly weathered, and the listing agent explicitly suggests the home is an opportunity to remodel, placing it in the 'Fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Detached ADU
The property includes a substantial 600+ sqft guesthouse with a kitchenette, fireplace, and full bath, offering excellent potential for rental income, a private home office, or multi-generational living.
- Prime Westside Location
Situated in the highly coveted North Westdale neighborhood, the home offers exceptional proximity to Silicon Beach, UCLA, and major Westside hubs, ensuring strong long-term investment value.
- Open Concept Living
The main residence features a sun-drenched, open-concept layout with hardwood floors and seamless indoor-outdoor flow, providing a modern feel despite the home's classic 1941 origins.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1670, other record living area = 683. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Renovation Requirement
Marketed as a remodeling opportunity, the property likely requires significant additional capital investment to update its 1941 systems and finishes to modern standards.
- Compact Main Residence
Because the total 1,670 square footage includes the 600+ sqft ADU, the primary 3-bedroom house is relatively small, which may limit its appeal to families requiring more interior living space.
About 2533 Federal Avenue
Opportunity has Arrived! Nestled on a picturesque, tree-lined street in Highly Coveted Prime West Los Angeles, this sun-drenched, prime mid-block, single-level gem offers the perfect blend of classic charm and modern upgrades, creating a warm and welcoming atmosphere throughout. The home features a thoughtful layout with 3 bedrooms + 2 baths. The interior is bathed in natural light, highlighting the warm hardwood floors and a seamless flow from the living areas to the outdoors. The expansive back yard leads to a large 600+- guesthouse/ADU with a great open room with fireplace, kitchenette, and full bathroom, ideal for guests, extended family, a private office, creative studio, or an income-producing rental. Open concept kitchen ties the living room, dining room, and access to the outdoors together. The Primary Bedroom in the home is graced with its own Entry Door and en-suite Bathroom. 2 additional bedrooms and a bath complete the picture. Walking distance to Richland Avenue Elementary School and located Close to all that the Westside of LA has to Offer. Beaches, Chic Restaurants, Shopping, Major Freeways, LAX, Westwood, UCLA, Playa Vista, Silicon Beach, Culver City, Venice, and Santa Monica are Conveniently Close by. The Tight-Knit Community boasts having several "local, go-to spots" such as The Hive, Yama Sushi, NY Bagel, and The Cloverfield, along with the Highly Anticipated opening of the Lazy Acres Gourmet Grocery Store (Scheduled to open in Fall 2026). Whether you're looking to remodel and make it your own or invest in a great opportunity, this home offers incredible potential. Offered at $1,600,000, this Home is Priced to Sell Quickly! Total Sq. Ft. include house and guesthouse.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,670 | 1,670.836 |
| Lot Size | 5,400 | 6,152.156 |
| Price | $1.60M | $1.34M |
| Price per sq ft | $958 | $807 |
| Built year | 1941 | 1941 |
| HOA | $0 | $238 |
| Days on market | 20 | 56 |
Pricing History
Listed for Sale
Oct 20, 2026
$1,600,000
Initial Listing