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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
Zoning
Public Rec
Lot size
0.15 Acres

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Listing Contact
Leslie Gomez
Leslie Gomez
Source: Crexi

Listing Agency: Keller Williams Realty 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 comprises four one-bedroom, one-bathroom units and one two-bedroom, one-bathroom 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 conveniently located near major streets, Loyola High School, St. Thomas Church and School, and the Normandie Recreation Center. Numerous shops and stores are within walking distance, and the property provides easy access to the 10 and 110 freeways and public transportation. This property is suitable for a 1031 exchange or for starting an investment portfolio.
Location Intelligence

Current Use by Public Records

1031 exchange properties

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
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, long-term tenants providing steady income.; - Future development opportunity.; - Five units: four 1-bedroom/1-bath and one 2-bedroom/1-bath.
More about this property
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