Listing provided courtesy of of Masters Realty & Investment. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $1,459,000
1138 Fedora, Los Angeles CA 90006
Community: C17 - Mid-Wilshire
Status: Active
This property was built in 1963 and is priced at $1,459,000. Please see the additional details below.
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.