Log In/Sign Up
Your email has been sent.
1147 Fedora St
Los Angeles, CA 90006
Multifamily Property For Sale
·
5 Units
Executive Summary
Text 626-667-0338 for showing appointment with your business card
Caren Chen is proud to offer a well-located multifamily investment opportunity in the heart of Los Angeles’ highly sought-after Koreatown submarket.
Located at 1147 Fedora Street, this early-1900s vintage property was originally constructed in 1903 and features a distinctive architectural character rarely found in the area. The building consists of a non-conforming ADU configuration with a diversified unit mix including two (2) studio units, two (2) two-bedroom / one-bath units, and one (1) four-bedroom / three-bath unit. Studios unpermitted
The property offers a compelling value-add opportunity, with below-market rents and the potential for future repositioning and income growth. Situated in one of Los Angeles’ most active rental corridors, the asset benefits from strong tenant demand driven by its proximity to retail amenities, dining destinations, employment centers, and public transportation, including convenient access to the Metro Purple Line.
Koreatown continues to experience sustained growth due to its central location, dense urban fabric, and ongoing revitalization. This asset presents an attractive opportunity for investors seeking long-term appreciation, stable cash flow, and rental upside in a supply-constrained infill market
Caren Chen is proud to offer a well-located multifamily investment opportunity in the heart of Los Angeles’ highly sought-after Koreatown submarket.
Located at 1147 Fedora Street, this early-1900s vintage property was originally constructed in 1903 and features a distinctive architectural character rarely found in the area. The building consists of a non-conforming ADU configuration with a diversified unit mix including two (2) studio units, two (2) two-bedroom / one-bath units, and one (1) four-bedroom / three-bath unit. Studios unpermitted
The property offers a compelling value-add opportunity, with below-market rents and the potential for future repositioning and income growth. Situated in one of Los Angeles’ most active rental corridors, the asset benefits from strong tenant demand driven by its proximity to retail amenities, dining destinations, employment centers, and public transportation, including convenient access to the Metro Purple Line.
Koreatown continues to experience sustained growth due to its central location, dense urban fabric, and ongoing revitalization. This asset presents an attractive opportunity for investors seeking long-term appreciation, stable cash flow, and rental upside in a supply-constrained infill market
Property Facts
| Price Per Unit | $300,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,864 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1903 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 2,864 SF |
| No. Stories | 2 |
| Year Built | 1903 |
| Parking Ratio | 0.7/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $4,550 | - |
| 2+1 | 2 | $2,000 | - |
| Studios | 2 | $1,000 | - |
Property Taxes
| Parcel Number | 5078-021-012 | Improvements Assessment | $374,025 |
| Land Assessment | $1,126,453 | Total Assessment | $1,500,478 |
Property Taxes
Parcel Number
5078-021-012
Land Assessment
$1,126,453
Improvements Assessment
$374,025
Total Assessment
$1,500,478
1 of 56
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
