1148 Fedora, Los Angeles, CA 90006
1148 Fedora, Los Angeles, CA 90006
1148 Fedora, Los Angeles, CA 90006
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Elite Real Estate Group

Elite Real Estate Group

$1,350,000
Est. payment /mo
5,911 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26099463

Construction Status Turnkey

HOA Y/N No

Year Built 1963

Tax Year 2025

Lot Size 5,911 Sqft

Property Sub-Type Apartment

Property Description

The well-maintained building and units at 1148 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. With six units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Olympic-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. The property may have video/surveillance device

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning R3

Interior

Interior Features Multiple Staircases, Unfurnished, All Bedrooms Up, All Bedrooms Down

Heating Baseboard

Cooling Heat Pump

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range, Refrigerator

Laundry None

Exterior

Parking Features Covered

Garage Spaces 6.0

Garage Description 6.0

Fence Chain Link

Pool None

Community Features Biking, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility None

Total Parking Spaces 12

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5078022019

Security Features Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, Contract, FHA, Fannie Mae, Freddie Mac, VA Loan

Listing Terms Cash, Conventional, Contract, FHA, Fannie Mae, Freddie Mac, VA Loan

Special Listing Condition Standard

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Listed by David Park David Doowook Park, Broker 310-780-0080, DRE #02206208

Nearby Schools & Businesses

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Elite Real Estate Group

Elite Real Estate Group

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1148 Fedora