936 Fedora Street

    Los Angeles (City), CA 90006
    • $1,900,000
    • STATUS: Active
    • ON SITE: 116 days
    • ID#: 19472268
    UPDATED: 22 min ago
    $1,900,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,420
      SQFT
    • $785
      $/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. 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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/96070333

    936 Fedora Street Los Angeles (City), CA 90006

    • Price: $1,900,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 19472268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,420
    SQFT
    $785
    $/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. 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.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 29181.00 Improvements Amount 321300 Land Value 749700 Net Operating Income 0.00 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 2019-10-14T23:32:26.113. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
     
    J1 REALTY GROUP
    16755 Von Karman Ave, Ste 200
    Irvine CA, 92606