1148 Fedora, Los Angeles, CA 90006

$1,600,000

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Listing courtesy of Listing Agent: David Park (a@abc1.ca) from Listing Office: David Doowook Park, Broker.

List Price
$1,600,000
Status
ACTIVE
Days on Market
222
MLS#
SR26023394
Subtype
Residential Income
Style
Traditional
Year Built
1963
Lot Size
5,910
Acres
0.14
MLS Area Major
Koreatown (KREA)

Property Description

The well-maintained building and units at 1148 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. With six 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 device

Additional Information

Interior Features
Multiple Staircases, Unfurnished, All Bedrooms Up, All Bedrooms Down
Property Description
Traditional
Zoning
R3
Flooring
Carpet
Appliances
Gas Oven, Gas Range, Refrigerator
Heating
Baseboard
Air Conditioning
Yes
Exterior Construction
Brick
Roof
Composition
Pool Type
None
Parking Features
Covered
Garage Spaces
6
View
Neighborhood

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.