1242 Fedora Street

Los Angeles, CA 90006

$1,499,800
Price
5,908 / 0.14
Lot Size / Acres

Description

Opportunity zoned! Ready to issue (rti) with permits all paid, large 4 unit project with 4 bedroom units each! Each unit has been meticulously designed with the most thoughtful layout, which tenants absolutely love and helps them to make quick decision. The property offers the flexibility to build a large complex with units that boast unique and tasteful finishes, ensuring a touch of sophistication. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything...Opportunity zoned! Ready to issue (rti) with permits all paid, large 4 unit project with 4 bedroom units each! Each unit has been meticulously designed with the most thoughtful layout, which tenants absolutely love and helps them to make quick decision. The property offers the flexibility to build a large complex with units that boast unique and tasteful finishes, ensuring a touch of sophistication. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills. With an estimated monthly income of approximately $20,000, this investment promises a substantial return. Don't miss the opportunity to secure a property that is not only ready for development but also guarantees a lucrative and worthwhile investment in one of the most sought-after areas of Los Angeles.
  1. Listed by Vinnie Park • DRE #02015848 • Brokerage DRE #01458187 • Keller Williams Larchmont

Property Details for 1242 Fedora Street

Zoning
LAR3
Parcel Number
5078033013
Area
Mid-Wilshire (C17)
Lot Size Area
5908
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5078-033-013
Directions
North Of Pico East Of Normandie

Location

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848
Add your commute
LISTING UPDATED: 04/24/2024 01:22 AM

Property Details for 1242 Fedora Street

StatusActive
MLS #24-361799
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848
Add your commute

Building Information for 1242 Fedora Street

Lot Size0.14 AC

Payment Calculator

$8,980 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,185

Property Taxes

$795

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1242 Fedora Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1356
  • Lot Size Square Feet: 5908
  • Telephone: 1.0
  • Cable: 1.0
  • Land Value: $1,500,000.00
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 02-24-2024

Property History for 1242 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 1242 Fedora Street

Taxable ValueLand$703,800Additions$61,200Total$765,000
Tax Record2023$9,534 ($795 / month)
Home Facts
Total Finished SqFt1,420 SqFtAbove Grade Finished SqFt1,420 SqFtLot Size5,908 SqFtStyleDuplexYear Built1922ZoningLAR3CountyLOS ANGELESAPN5078-033-013

Schools near 1242 Fedora Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Los Angeles 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1242 Fedora Street is a 0.14 ac of land for sale in Los Angeles, CA 90006. This property was listed for sale on February 24, 2024 by Keller Williams Larchmont, it's currently listed at $1,499,800. It has been on the market for a total of 65 days and was last sold on July 30, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Angeles Elementary School, Berendo Middle School and West Adams Preparatory High School. 1242 Fedora Street is a 0-bed, 0-bath, 0.14 ac of land on a 5,908 sq. ft. / 0.14 acres lot.

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 Keller Williams Larchmont, Vinnie Park, DRE #02015848

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.