Active

1138 Fedora St

Los Angeles CA, 90006

$1,550,000


$377.50 per sqft

Active

10 Beds

4,106 sqft

Residential

Built in 1963

Welcome to an outstanding investment opportunity! This well-maintained 5-unit property is situated in vibrant Koreatown. With desirable R3 zoning and located within an Opportunity Zone, this investment holds great potential. Tenants have consistently paid 100% rent, even during the pandemic, ensuring stability. Plus, with current below-market-rate rents, there's significant room for growth. Perfect for investors considering a 1031 exchange, this property offers reliable income in a thriving market. Additionally, there's potential for an ADU to be built on the property. Don't miss your chance to secure a lucrative addition to your portfolio.

24-368315

MLS ID

March 14, 2024

Listed

April 5, 2024

Updated

Map

1138 Fedora St
Los Angeles CA, 90006

Interior Features

Total Stories

0


Bedrooms

10 Beds


Appliances

Range/Oven


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

Mid-Wilshire


Days on Market

11


Garage

No


Parking

Detached


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Sooyoun Kim with Masters Realty & Investment
Listing Contact: 213-598-6343 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/5/2024

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