1147 Fedora St - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$1,690,000 USD
707-815-7472
1147 Fedora St, Los Angeles, CA for Sale
$1,690,000 USD
Apartments - FOR SALE
1/14
null | 4.57% Cap Rate

1147 Fedora St
Los Angeles, CA 90006
Harvard Heights


OVERVIEW

The Boyett Team is pleased to present a charming opportunity to acquire a well positioned multifamily property in the vibrant Korea Town neighborhood of Los Angeles. 1147 FEDORA STREET – Built in 1903, this character-filled 3+2 Non-Conforming ADUs unit apartment building comprises two (2) singles units, two (2) two-bedroom one-bathroom units, and one (1) four-bedroom three-bathroom unit. The property presents a strong value-add opportunity with significant rental upside for a new owner. The subject property is strategically located in a dynamic and rapidly evolving rental market, surrounded by a variety of retail, dining, and transit options. Its prime location offers tenants unparalleled access to the cultural and economic vibrancy of Korea Town, with proximity to major employment hubs, entertainment venues, and public transportation, including the Metro Purple Line. This historic gem, with its unique architectural details and potential for modernization, is poised to attract both investors seeking stable cash flow and those looking to capitalize on the area’s continued growth and demand for quality housing.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$590 USD /SF

# OF UNITS

5

PRICE/UNIT

$338,000

CAP RATE

4.57%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1903

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,034 SF

ZONING

LAR3

APN/PARCEL ID

5078-021-012

ASK ABOUT THIS PROPERTY

John BoyettCBRE Boyett TeamMore Info
707-815-7472

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John BoyettCBRE Boyett TeamMore Info
707-815-7472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.