1046 Fedora Street

Los Angeles, CA 90006

$1,170,000
Last Sold Price
5
Beds
4
Baths
2,380 Sq. Ft.
$492 / Sq. Ft.
2,380
Sq. Ft.
$492
per Sq. Ft.

Description

MAJOR PRICE REDUCTION and HIGH VALUE Investment in the heart of Koreatown. This duplex is zoned R4 and has strong development opportunities. Very high rental demand area and is considered a walker’s paradise! Close to many businessese and daily errands do not require a car. This investment property has a lot of pride of ownership. The current owner has upgraded the roof, electrical and gas pipes all within the last two years! Both units are remodeled and well maintained. The units have fresh paint,...MAJOR PRICE REDUCTION and HIGH VALUE Investment in the heart of Koreatown. This duplex is zoned R4 and has strong development opportunities. Very high rental demand area and is considered a walker’s paradise! Close to many businessese and daily errands do not require a car. This investment property has a lot of pride of ownership. The current owner has upgraded the roof, electrical and gas pipes all within the last two years! Both units are remodeled and well maintained. The units have fresh paint, updated windows, newer laminate floors and updated cabinets. All units are rent ready! One unit is 3 bed and 2 bath and second unit is 2 bed 1 bath. There is also a studio. Owner is currently receiving three rental incomes. Great price and value! This investment opportunity won’t last!
  1. Listed by Mark Perez • DRE #01279393 • Brokerage DRE #01322486 • So Cal Properties
  2. Listed by Sergio Orzynski • DRE #01998128 • Brokerage DRE #01952507 • Keller Williams Pacific Estate

Property Details for 1046 Fedora Street

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2380
Assessor Parcel Number
5078-015-016
Property Attached YN
false

Location

Listing Courtesy of So Cal Properties, Mark Perez, DRE #01279393; Keller Williams Pacific Estate, Sergio Orzynski, DRE #01998128

Sold By Redpoint Realty, Susie H. Kim, DRE #01017244

Add your commute
LISTING UPDATED: 06/11/2021 12:18 AM

Property Details for 1046 Fedora Street

StatusClosed
MLS #RS21062319
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.14 AC / 5,907 SF
CountyLos Angeles County

Location

Listing Courtesy of So Cal Properties, Mark Perez, DRE #01279393; Keller Williams Pacific Estate, Sergio Orzynski, DRE #01998128

Sold By Redpoint Realty, Susie H. Kim, DRE #01017244

Add your commute

Virtual Tour

Building Information for 1046 Fedora Street

Stories-Residences-Year Built1905Building Size-Lot Size0.14 AC / 5,907 SF

Payment Calculator

$7,633 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,385

Property Taxes

$1,248

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1046 Fedora Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $63,600
  • Gross Scheduled Income: $59,400
  • Net Operating Income: $42,400
  • Number Of Rented Garages: 1
  • Garage Income: $350
  • Financing: Conventional
Expense Details
  • Operating Expense: $17,000
  • New Taxes Expense: $2,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $200
  • Trash Expense: $1,200
  • Water Sewer Expense: $500
  • Total Expenses: $17,000
Tax / Assessment Info
  • Tax Block: 21
  • Tax Tract Number: 2133.1
  • Tax Census Tract: 2133.10
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1046 Fedora Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1046 Fedora Street

Taxable ValueLand$936,360Additions$280,908Total$1,217,268
Tax Record2023$14,978 ($1,248 / month)
Home Facts
Total Finished SqFt1,582 SqFtAbove Grade Finished SqFt1,582 SqFtLot Size5,907 SqFtStyleDuplexYear Built1905ZoningLAR4CountyLOS ANGELESAPN5078-015-016

Schools near 1046 Fedora Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mariposa-Nabi Primary Center
PublicK to 2

Hobart Boulevard Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of So Cal Properties, Mark Perez, DRE #01279393; Keller Williams Pacific Estate, Sergio Orzynski, DRE #01998128

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.