936 Fedora Street

    Los Angeles (City), CA 90006
    • $1,550,000
    • STATUS: Active
    • ON SITE: 289 days
    • ID#: 19472268
    UPDATED: 26 min ago
    $1,550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    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 California Regional Multiple Listing Service, Inc. as of 2020-04-04T23:27:30.48. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/96070333

    936 Fedora Street Los Angeles (City), CA 90006

    • Price: $1,550,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 19472268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1915
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - 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 Source Assessor Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 29181.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T23:27:30.48. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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