1138 Fedora ST new

Los Angeles,CA 90006

$ 1390000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25071520

Year Built 1963

Annual Tax Amount $11,104

Tax Year 2024

Lot Size 5,902 Sqft

Property Sub-Type Apartment

Property Description

The well-maintained building and units at 1138 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. With five units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Olympic-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. The property may have video/surveillance devices.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning R3

Rooms

Other Rooms Storage

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplaces Type None

Laundry Common Area

Exterior

Exterior Feature TV Antenna

Parking Features Assigned,Driveway

Garage Spaces 6.0

Garage Description 6.0

Fence Wrought Iron

Pool None

Community Features Biking,Sidewalks

Utilities Available Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Sewer Connected,Water Available

View Y/N No

View None

Roof Type Shingle

Building

Lot Description 2-5 Units/Acre

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Conventional,Contract,FHA,Fannie Mae

Listing Terms Cash,Conventional,Contract,FHA,Fannie Mae

Special Listing Condition Standard

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