1242 Fedora Street, Los Angeles, CA 90006
-
Listed Price :
$1,275,000
-
Beds :
3
-
Baths :
2
-
Property Size :
1,420 sqft
-
Year Built :
1922
Property Description
PERMIT PULLED AND FULLY PAID! RTI SB8 CLEARED! SHOVEL READY! DELIVERED FULLY VACANT! OPPORTUNITY ZONE! Outstanding duplex with prime value add potential located at 1242 Fedora Street in the highly desirable Pico-Union area of Los Angeles. This property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. Title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. Perfect to build additional ADU for immediate income. Additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those looking to build to maximize potential. The proposed plan features a 4-unit property, with each unit consisting of 4 bedrooms. Every unit has been carefully designed with a thoughtful and efficient layout, appealing to tenants and encouraging quick leasing decisions. 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. The rendering may not entirely represent the finalized plans.
Interior Features
| Bedroom Information |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
2 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1242 Fedora Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90006 |
| County |
Los Angeles |
| Listing Agent |
Vinnie Park DRE #02015848 |
| Courtesy Of |
Keller Williams Larchmont |
| List Price |
$1,275,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
1,420 |
| Lot Size |
5,908 |
| Year Built |
1922 |
Listing information courtesy of: Vinnie Park, Keller Williams Larchmont. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 15th, 2024 at 1:04 AM 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.
