Los Angeles, CA 90006,1138 Fedora ST
Los Angeles, CA 90006,1138 Fedora ST
Los Angeles, CA 90006,1138 Fedora ST
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$1,390,000
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5,902 Sqft Lot
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1138 Fedora ST Los Angeles, CA 90006

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25071520

Construction Status Updated/Remodeled

HOA Y/N No

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

Interior Features Brick Walls, Ceiling Fan(s), Pantry, Unfurnished

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Dishwasher, Free-Standing Range, Water Heater

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

Accessibility Parking, Accessible Doors

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Storage

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5078022021

Security Features Smoke Detector(s),Security Lights

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

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

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Sun Young Park • Stanfles Realty • 714-743-0325

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agent

Shirley Smith

Agent | License ID: 02046865

+1(619) 559-6548

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1138 Fedora ST