• 1242 Fedora Street Los Angeles, CA 90006

  • $1,499,800
  • 0
    Sq Ft
  • 5908
    Sqft
  • Listed By: Vinnie Park, Keller Williams Larchmont, DRE #02015848
  • Source: CRMLS

OPPORTUNITY ZONED!! READY TO ISSUE (RTI) WITH PERMITS ALL PAID, LARGE 4 UNIT PROJECT WITH 4 BEDROOM UNITS EACH! Each unit has been meticulously designed with the most thoughtful layout, which tenants absolutely love and helps them to make quick decision. The property offers the flexibility to build a large complex with units that boast unique and tasteful finishes, ensuring a touch of sophistication. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills. With an estimated monthly income of approximately $20,000, this investment promises a substantial return. Don't miss the opportunity to secure a property that is not only ready for development but also guarantees a lucrative and worthwhile investment in one of the most sought-after areas of Los Angeles.

Property Type :

Land

County :

Los Angeles

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Full Baths: 0

Half Baths: 0

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1356

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 5908

Listing Price Information

Original List Price: 1,499,800

Listing Contract Date: 2024-02-24

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5078033013

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C17 - Mid-Wilshire

Postal Code Plus 4: 3218

Directions: North Of Pico East Of Normandie

Zoning: LAR3

Source Property Type: Land

Area: C17 - Mid-Wilshire

Building and Construction

Year Built Source: Vendor Enhanced

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1421 Courtland Avenue, Los Angeles, CA,90006 $900,000 -- -- 2,087 3941 Sqft
1144 Elden Avenue, Los Angeles, CA,90006 $3,000,000 18 -- 9,758 7000 Sqft
1138 S Mariposa Avenue, Los Angeles, CA,90006 $1,499,000 8 -- 4,064 5904 Sqft
1125 S Lake Street, Los Angeles, CA,90006 $968,000 9 4 4,117 8579 Sqft
943 S Normandie Avenue #1, Los Angeles, CA,90006 $420,000 1 1 338 4140 Sqft
1217 S Kingsley Drive, Los Angeles, CA,90006 $890,000 3 -- 1,597 5899 Sqft

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ByOwner last updated this listing 05/16/2024 @ 09:11

MLS: 24361799
LISTED BY: Vinnie Park, Keller Williams Larchmont
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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