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    936 Fedora Street

    Los Angeles (City), CA 90006
    • $1,550,000
    • STATUS: Active
    • ON SITE: 128 days
    • ID#: 20666946
    UPDATED: 30 min ago
    $1,550,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,420
      SQFT
    • $640
      $/SQFT
    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. Its 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 sites potential, you can build for as low as $67,391 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T08:24:53.98. 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 Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/112373634
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    936 Fedora Street Los Angeles (City), CA 90006

    • Price: $1,550,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: 20666946
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,420
    SQFT
    $640
    $/SQFT
    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. Its 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 sites potential, you can build for as low as $67,391 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 Units Square Feet Parking Features Assigned Parking YN Yes View None View YN No

    Interior Features

    Appliances Refrigerator Appliances YN Yes Heating Central Heating YN Yes

    Property Features

    Country Us 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 Total Expenses 0.00 Zoning Lar4

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T08:24:53.98. 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 Realty Masters & Associates. Licensed in the State of California, USA.
     
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