926 Fedora Street, Los Angeles, CA 90006

$2,750,000
8
BD
12
BA
7,100
SqFt

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List Price
$2,750,000
Status
ACTIVE
Days on Market
157
MLS#
26666307
Subtype
Residential Income
Year Built
1961
Bedrooms
8
Bathrooms
12
Living Area
7,100
Lot Size
6,402
Acres
0.15
Subdivision
Koreatown, Los Angeles
Neighborhood
Koreatown, Los Angeles
MLS Area Major
Mid-Wilshire (C17)

Property Description

Excellent opportunity to acquire a 12-unit multifamily property in the highly desirable Koreatown submarket of Los Angeles. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, offering strong rental demand and stable tenancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong tenant appeal.The asset presents a value-add opportunity with rental upside potential as units turn over and can be repositioned to market rents. The property also features on-site parking, a desirable amenity in this dense urban location.The property may be purchased individually or together with the adjacent 932 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, steady cash flow, and the ability to enhance value through strategic management in one of Los Angeles' most dynamic rental markets.

Additional Information

Zoning
R4-1
Heating
None
Air Conditioning
Yes
Stories
One Level
Levels
One
Parking Features
Covered

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steven Bae (213equity@gmail.com) from Listing Office: High Equity Real Estate Service, Inc..

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.