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1321 Fedora St Los Angeles, CA 90006

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For Sale
$949,000

Five-unit property in Pico-Union with development potential.

Lot size:
0.15 Acres

Property Features for 1321 Fedora St

General Information

Standard status
Active
Lot size
0.15 Acres
Exterior features
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior features
Wall Furnace

Building Details

Year built
1956

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Listing Contact
Leslie Gomez
Leslie Gomez
Source: Kw

Listing Agency: L.A. Harbor Listing Agent: Leslie Gomez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Pico-Union Multifamily Investment Opportunity

Located in the Pico-Union area of Los Angeles, near Koreatown, this investment property features five units across two buildings. The property is fully gated and includes six parking spaces. The unit mix consists of four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Each unit is separately metered for electricity and gas. The owner is responsible for water and sewer expenses, while tenants cover trash. The property benefits from stable, long-term tenants, offering steady income and future development opportunities. It is situated in close proximity to major streets, Loyola High School, St. Thomas Church and School, and the Normandie Recreation Center. Numerous shops and stores are within walking distance. The location provides convenient access to the 10 and 110 freeways, as well as public transportation. This property is suitable for a 1031 exchange or for starting an investment portfolio.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.29781
Latitude
34.04655

FAQs

What type of property is this?
Apartment building - Five-unit property in Pico-Union with development potential.
Where is this apartment building located?
The property is located at 1321 Fedora St Los Angeles, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: - Stable, income-generating 5-unit investment property with long-term tenants.; - Future development opportunity.; - Six parking spaces and fully gated property.
More about this property
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