Los Angeles, CA 90006 1138 Fedora Street

1138 Fedora Street Los Angeles, CA - Image 11138 Fedora Street Los Angeles, CA - Image 21138 Fedora Street Los Angeles, CA - Image 3
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1138 Fedora Street Los Angeles, CA - Image 41138 Fedora Street Los Angeles, CA - Image 51138 Fedora Street Los Angeles, CA - Image 6
Presented By: Sun Young Park with Stanfles Realty; 714-743-0325
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25071520
  • 04/01/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 6
  • SQFT • 4,106
  • Garage • 6

Home Details

The well-maintained building and units at 1138 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. With five units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Olympic-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. The property may have video/surveillance devices.
Presented By: Sun Young Park with Stanfles Realty; 714-743-0325

Interior Features for 1138 Fedora Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Interior AmenitiesBrickWalls, CeilingFans, Pantry, Unfurnished
Laundry FeaturesCommonArea
Total Stories2
Window FeaturesBlinds, Screens

Other Rooms

Entry Level1

General for 1138 Fedora Street

AccessibilityParking, AccessibleDoors
Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher, FreeStandingRange, WaterHeater
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, Sidewalks
Construction MaterialsBrick, Block, Stucco
ContingencyNone
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
Directionsgo to Olympic Blvd and meet Fedora st to south
DisclosuresRentControl
ElectricElectricityOnProperty
Electric On Property Y/NNo
Entry Location1
Garage Spaces6.0
Garage Y/NYes
Gross Income89256.0
HOANo
HOA Fee$0.0
HeatingElectric
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Contract, FHA, FannieMae
Lot Size Square Feet5903.0
Lot Size UnitsSquareFeet
MLS AreaKREA - Koreatown
MobileHomeRemainsYNNo
Net Operating Income79000.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Operating Expense10256.0
Other StructuresStorage
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Security FeaturesSmokeDetectors, SecurityLights
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount11104.0
Tax Lot18
Tax Year2024
Tenant PaysElectricity, Gas, Repairs, Water
Total Actual Rent89256.0
Trash Expense1500.0
UtilitiesElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, SewerConnected, WaterAvailable
ViewNone
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
ZoningR3

Exterior for 1138 Fedora Street

Building Area Total4106.0
Crops Included Y/NNo
Exterior AmenitiesTvAntenna
FencingWroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1355
Lot Size Area5903.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Open Parking Y/NNo
Parking FeaturesAssigned, Driveway
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,390,000
MLS#SR25071520
List Date 04/01/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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