1138 Fedora Street

Los Angeles, CA 90006

PRICE REDUCED

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-$91,000 (-5.87%)

$1,459,000

List Price

10

bed Beds

6

shower Baths

4,106 sqft

straighten / sqft

1963

calendar_month Built

Property Description

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.

Listing Information

List Price $1,459,000
Status Active
MLS 24368315
Type Residential Income
Year Built 1963
Lot Size 5,908
Structure Size 4,106
DOM 163
Courtesy Of Masters Realty & Investment
Listing Agent DRE#02198217
Co-Listing Agent Steven Bae DRE#02033375

Interior Features

Total Bedroom
Bedrooms 10
Total Bathroom
Bathrooms 6
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: , Steven Bae, Masters Realty & Investment . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.