932 S Fedora St presents a 12-unit multifamily investment opportunity located in the heart of Koreatown, one of Los Angeles' most densely populated and high-demand rental submarkets. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, supporting consistent… Read More tenant demand and stable occupancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong rental appeal.The asset offers a value-add opportunity with rental upside potential through unit turnover and repositioning to market rents. On-site parking further enhances tenant desirability in this urban location.The property may be purchased individually or together with the adjacent 926 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, income stability, and the ability to increase value in a strong Koreatown rental market. Email [email protected] for the Offering Memorandum. Read Less
Property listed by High Equity Real Estate Service, Inc., Steven Bae 310-259-7556
Listing Snapshot
Days Online
-1
Last Updated
Beds
8
Square Ft.
7,100
Lot Size
0.15 Acres
Year Built
1961
MLS Number
26666385
Additional Details
Building
Built in 1961, Living area: 7100.0, 1 building, 1 storey, Levels: One
Cooling
None
Heating
Central
Income
Gross Income: $152,844, Net Operating Income: $91,662
Lot
0.1469 acres
Parking
18 total parking spaces, Covered
Taxes
Parcel Number: 5094023012, Zoning: R4-1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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