Price Reduction
Address
1242 Fedora Street Los Angeles, CA
Price
$ 850,000
Property Attributes
  • MLS#0020664922
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90006
  • Style
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Iconic Investments
Data Source:
California Desert Association of REALTORS
Property Description

Excellent opportunity to purchase a duplex with a development opportunity. 1242 Fedora Street is located in the highly desirable Pico-Union submarket of Los Angeles. The property features 1,420 square feet of improvements on a 5,908 square foot lot. As a development opportunity, the property is zoned R3-1 which allows for the development of 7 units bi-right. In addition, since the property is located within the Transit Oriented Community (Tier 2) a developer benefits from a 60% density bonus of 5 units. This brings the total number of buildable units to 12. As a duplex, the property features two 3 Bedroom + 2 Bath units. Rents total $3,513.53 per month. Please do not disturb the tenants, contact listing agents with questions.

Price History
12/3/2020 Listed $1,050,000
1/28/2021 10% - $950,000
4/14/2021 11% - $850,000

General Features

MLS Area C17 - Mid-Wilshire
Senior Community Y/N No
Zoning LAR3

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.13
Lot Size Area 5908.0
Lot Size Square Feet 5908.0
Lot Size Units Square Feet
View Y/N No
Water Source None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $2.24M
$850K
Visits
AVG 34
7
Walkscore
AVG 92
93
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.