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    936 Fedora St

    Los Angeles, CA 90006
    • $1,550,000
    • STATUS: Active
    • ON SITE: 525 days
    • MLS #: 19-472268
    $1,550,000
    • 5
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,420
      SQFT
    • $640
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. It's located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the site's potential, you can build for as low as $65,565 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-25T23:42:26.127. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/96065580
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    936 Fedora St Los Angeles, CA 90006

    • Price: $1,550,000
    • Status: Active
    • MLS #: 19-472268
    5
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,420
    SQFT
    $640
    $/SQFT
    1915
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. It's located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the site's potential, you can build for as low as $65,565 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.
    Exterior Features

    Lot Size Area 6642 Other Structures None Parking Garage Assigned Total Parking 2

    Interior Features

    Baths Total 2.00 Cooling Wall Unit(S) Equipment Refrigerator Heating Central

    Property Features

    Gross Income 0 Gross Operating Income 29181 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apartment Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-25T23:42:26.127. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260