Welcome to an outstanding investment opportunity! This well-maintained 5-unit property is situated in vibrant Koreatown. With desirable R3 zoning and located within an Opportunity Zone, this investment holds great potential. Tenants have consistently paid 100% rent, even during the pandemic, ensuring stability. Plus, with current below-market-rate rents, there’s significant room for growth. Perfect for investors considering a 1031 exchange, this property offers reliable income in a thriving market. Additionally, there’s potential for an ADU to be built on the property. Don’t miss your chance to secure a lucrative addition to your portfolio.
Property Details
Price:
$1,459,000
MLS #:
24368315
Status:
Active
Baths:
0
Address:
1138 Fedora Street
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Mar 14, 2024
State:
CA
ZIP:
90006
Lot Size:
5,908 sqft / 0.14 acres (approx)
Year Built:
1963
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Interior
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0.00
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Community
- Address1138 Fedora Street Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1138 Fedora Street
Los Angeles, CA
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