1138 Fedora St - Apartments FOR SALE


Los Angeles, CA 90006- Koreatown
$1,403,000 USD
310-528-5240
1138 Fedora St, Los Angeles, CA for Sale
$1,403,000 USD
Apartments - FOR SALE
1/16
null | 5.5% Cap Rate

1138 Fedora St
Los Angeles, CA 90006
Koreatown


HIGHLIGHTS

  • 5 Units
  • 100% Leased

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,403,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

15

PRICE/UNIT

$93,533

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,907 SF

ZONING

LAR3

APN/PARCEL ID

5078-022-021

ASK ABOUT THIS PROPERTY

Steven BaeMasters Realty GroupMore Info
310-528-5240

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Steven BaeMasters Realty GroupMore Info
310-528-5240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.