The well-maintained building and units at 1138 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property’s strong rental appeal. With five 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 devices.
Property Details
Price:
$1,270,000
MLS #:
SR25071520
Status:
Active
Baths:
0
Address:
1138 Fedora Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Mar 25, 2025
State:
CA
ZIP:
90006
Lot Size:
5,903 sqft / 0.14 acres (approx)
Year Built:
1963
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Schools
Interior
Appliances
Built- In Range, Dishwasher, Free- Standing Range, Water Heater
Cooling
Wall/ Window Unit(s)
Flooring
Carpet
Heating
Electric
Laundry Features
Common Area
Exterior
Architectural Style
Traditional
Community Features
Biking, Sidewalks
Construction Materials
Block, Brick, Stucco
Exterior Features
T V Antenna
Other Structures
Storage
Parking Features
Assigned, Driveway
Parking Spots
6.00
Roof
Shingle
Security Features
Security Lights, Smoke Detector(s)
Financial
Maintenance Fee
$3,004
Taxes
$3,004
Map
Community
- Address1138 Fedora Street Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1138 Fedora Street
Los Angeles, CA
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