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.
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:
$1,450,000
MLS #:
SR25046667
Status:
Active
Baths:
0
Address:
1138 Fedora Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Mar 3, 2025
State:
CA
ZIP:
90006
Lot Size:
5,908 sqft / 0.14 acres (approx)
Year Built:
1963
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Schools
Interior
Accessibility Features
Parking
Appliances
Dishwasher, Gas Oven
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Laminate
Heating
Wall Furnace
Interior Features
2 Staircases
Window Features
Screens
Exterior
Community Features
Biking, Park
Electric
Standard
Fencing
Wrought Iron
Foundation Details
Concrete Perimeter
Garage Spaces
6.00
Lot Features
2-5 Units/ Acre
Parking Features
Assigned
Parking Spots
6.00
Pool Features
None
Roof
Shingle
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected
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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